this post was submitted on 13 Oct 2024
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Federal flood maps underestimated risk in areas hit hardest by Hurricane Helene (wapo.st)
submitted 1 month ago by silence7@slrpnk.net to c/climate@slrpnk.net
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[–] Artyom@lemm.ee 1 points 1 month ago (2 children)

Flood maps are used by insurance companies to set their rates. If the risks are artificially low to keep insurance rates low in Florida, that smells like corruption.

[–] mars296@fedia.io 3 points 1 month ago (1 children)

The article is about North Carolina. That's where the devastating flooding outside of flood zones was. Obviously there are wider implications nationwide but it's not a Florida specific problem.

[–] ReluctantMuskrat@lemmy.world 1 points 1 month ago

Corruption is still the prime suspect here. Developers have a much harder time selling property that requires flood insurance.