The Department of Land and Natural Resources - Engineering Division will be on hand to answer questions about the National Flood Insurance Program (NFIP) at the Climate Community Fair!
Please join us at this years BIA Home Building and Remodeling Show at Neal S. Blaisdell Exhibition Hall. The show starts January 25 and ends January 27. Our DLNR Flood and Dam Section will be set up at booth #725, educating homeowners on their flood zone and flood risk. Stop by and say hi.
Why do insurance companies classify certain types of risk as uninsurable? And why do insurance regulators prohibit insurers from setting premiums that reflect risk, particularly in locales that repeatedly suffer losses from natural disasters? The short answer is that insurance today is misunderstood and hence is not effectively meeting its most important objectives—to inform those... Continue Reading →