Insurance and Risk Management

Introduction to Flood Risk in New York The state of New York has a long history of significant flooding events that have shaped its infrastructure, policies, and community awareness regarding flood risk. Major floods have occurred throughout the years, often resulting in devastating consequences for residents and local economies. Notable instances include Hurricane Sandy in

Introduction to Flood Risk and Insurance Flood risk refers to the likelihood of a flood occurring in a specific location over a designated time period. It is an essential consideration for homeowners, especially in Illinois, where certain areas are more susceptible to flooding due to geographical and climatic factors. Understanding flood risk is crucial, as

Introduction to Flood Risk and Insurance In Alabama, understanding flood risks and the role of flood insurance is essential for property owners and prospective buyers, particularly in flood-prone areas. Flooding is a significant natural hazard that can lead to substantial property damage, endangering both lives and investments. A ‘flood’ is typically defined as an overflow