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Tag: incentivize

How FEMA’s outdated flood maps incentivize a system in which risk is negotiable
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How FEMA’s outdated flood maps incentivize a system in which risk is negotiable

eriinfo.com8 months ago08 mins

Lamer said closer analysis can find that FEMA’s approximated maps can overestimate flood risks — something clients are usually hoping for. “I’ve had lenders say, ‘Prove to me we’re out of the floodplain’ and we do the work and you’re 30 feet above the river,” Lamer said of FEMA’s original mapping. “That’s how inaccurate these…

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