flood insurance

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Widespread flooding caused $16 billion to $24 billion in losses to residential and commercial real estate throughout the northeast, one study estimates. (Getty)

Ida flooding caused up to $24B in property damage Northeast: study

By Rich Bockmann | September 08, 2021 05:26PM

Catastrophic flooding in the wake of Hurricane Ida caused up to tens of billions of dollars in damages to...

Ida flooding caused up to $24B in property damage Northeast: study

National

Insurance premiums could rise as more extreme storms hit coastal markets

TRD Staff | March 26, 2019 12:40PM

It’s no secret that coastal homes are becoming more vulnerable to extreme weather and other effects of climate change....

Insurance premiums could rise as more extreme storms hit coastal markets

Weekend Edition

As Hurricane Florence pummels the Carolinas, what the damage could mean for the housing market

By Erin Hudson | September 16, 2018 11:30AM

Hurricane Florence continues to slam the Carolinas with record-breaking rainfall and, with flooding now expected to reach Charlotte, NC, analysts are beginning to consider...

As Hurricane Florence pummels the Carolinas, what the damage could mean for the housing market

Weekend Edition

With demand for climate change-related RE data growing, Silicon Valley is answering

TRD Staff | March 24, 2018 02:00PM

From TRD Miami: After a brutal hurricane season last year that threw various government estimates and data regarding flood...

With demand for climate change-related RE data growing, Silicon Valley is answering

Back: 2011 photo from a North Dakota flood. (Credit: 3rd Combat Camera Squadron Staff Sgt. Shardia Jackson; illustration by Wikimedia Commons)

Weekend Edition

What can be saved? US cities debate how to prepare for extreme storms

TRD Staff | January 28, 2018 01:23PM

American cities are debating how to tackle the changing nature of storms, but the one thing everyone can agree...

What can be saved? US cities debate how to prepare for extreme storms

NEW YORK, NY - OCTOBER 31: The remains of burned homes (Bottom R) are surrounded by water with the Manhattan skyline in the distance after Superstorm Sandy on October 31, 2012 in the Breezy Point neighborhood of the Queens borough of New York City. Over 50 homes were reportedly destroyed in a fire during the storm. At least 50 people were reportedly killed in the U.S. by Sandy. New York City was hit especially hard with widespread power outages and significant flooding in parts of the city. (Photo by Mario Tama/Getty Images)

NYC basements may not be insurable soon

TRD Staff | January 25, 2018 10:40AM

You might not want to bank on basement apartments boosting the city’s affordable housing stock — according to one of Europe’s largest insurers, such units won’t be insurable in the next 10 years. “If...

NYC basements may not be insurable soon