Flood Insurance in the US: Lessons from FEMA’s Recent Data Release (Part I)

At the beginning of last summer, FEMA released a wealth of historical data on flood insurance in the United States. The recent release of NFIP microdata has enabled a closer look at this program, providing an overview of flood risk in the United States and the challenges of flood risk management. Read More

Rewarding Communities that Build for the Future: A Resilience Policy Score

One step to start encouraging local governments to pay more attention to disaster costs is a community resilience policy score. This could be used by insurers to offer more competitive rates in higher scoring areas, by rating agencies in assessing bond ratings for hazard-prone locations, or by FEMA in allocating disaster aid. Read More

Hack-for-Resilience

The University of Pennsylvania is home to the world’s first and one of the largest student-run hackathons. Over one weekend in early September roughly 1,200 students converged for PennApps. Over 3,000 students had applied to attend. This year, the Wharton Risk Center’s Policy Incubator and the Insurance Information Institute teamed up to sponsor a “hack-for-resilience” route. Read More

Regional Conservation as a Climate Adaptation Tool

St. Louis’ Great Rivers Greenway (GRG) District oversees planning and execution of a network of trails and open spaces designed to link rivers, parks, and communities throughout the St. Louis region. Although not established with climate adaptation as an objective, this approach to conservation, often targeted at riparian corridors, has created natural infrastructure that lowers flood damages. This model that could be adopted in other regions as a way to fund green infrastructure for building climate resiliency.Read More

How Sea Level Rise Simulations Can Improve Climate Adaptation

Sea level rise threatens coastal communities around the world, but it is unclear if local governments and homeowners will be willing to invest in flood protection measures before it is too late. In a recent study, Co-Director Bob Meyer and colleagues explore the likely effects of sea level rise on South Florida’s adaptation efforts through an interactive online simulation that accelerates 348 South Florida homeowners thirty-five years into the future so that they can ‘live’ the effects of sea level rise. Read More