Study Finds FEMA Flood Maps Missed 75% Of Houston Flood Damage Claims Between 1999 And 2009

 

 

Marcus Yam/Getty Images Flooding along Interstate 10 in Houston as a result of Harvey

A recent study found that FEMA failed to capture 75 percent of flood damages within their flood maps between 1999 and 2009. The FEMA flood maps are the primary source for how the government and insurance companies evaluate flood risk and insurance premiums. There are collectively trillions of dollars worth of property that rely on these maps being accurate.

Full article: https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/trevornace/2017/09/18/fema-flood-maps-missed-claims-harvey-houston/amp/