Archive for December, 2011

Lenders Now Require Flood Insurance Because of Updated Maps

Tuesday, December 27th, 2011

Union Missourian
December 24, 2011

by Greg Jones

Some local (Missouri) homeowners may find it harder to keep their heads above water now that lenders have notified many that they are required to purchase flood insurance.

The Federal Emergency Management Agency (FEMA) released new floodplain maps in October that now include hundreds of new structures in the county in its 100-year floodplain that previously were not in a floodway. (More)

Corps’ Unacceptable rating a “reinterpretation of history” levee leader claims

Monday, December 5th, 2011
Illinois Business Journal
November 2011
by Alan Ortbals
 

Spurred by the Jurricane Katrina disaster adn flush with funds from the American Recovery and Reinvestment Act, the U.S. Army Corps of Engineers has been peforming what they call “periodic inspections” of levess across the United States. So far, according to the Corps’ levee safety program manager Jamie McVicker, 60 percent of the country’s levees have been inspected and only 1 percent have been judged to be Acceptable . (Read more from this front page story here)