insurancejournal.com - by Andrew G. Simpson - January 7, 2014

The U.S. Senate is expected to take a key vote soon on a bill that would delay some of the flood insurance rate hikes triggered by the Biggert-Waters Flood Insurance Reform Act of 2012. . .

. . . The procedural vote on S.1846 was originally planned for Wednesday, but the Senate is still dealing with an extension of federal unemployment benefits, delaying consideration of the flood bill. U.S. Sen. Mary Landrieu (D-La.), a major advocate for the bill, told USA Today that  “next week is more realistic” for any vote on the flood bill.

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A man walks through flooded streets in Hoboken, New Jersey, after Superstorm Sandy | Emile Wamsteker/Bloomberg via Getty Images

As subsidized rates of federal flood insurance rise, property owners along the coasts get angry. But we need insurance that reflects the risks of a changing planet

time.com - by Bryan Walsh - October 1, 2013

Thousands of homeowners in flood-prone parts of the country are going to be in for a rude awakening.  On Oct. 1, new changes to the National Flood Insurance Program (NFIP), which offers government-subsidized policies for households and businesses threatened by floods, mean that businesses in flood zones and homes that have been severely or repeatedly flooded will start going up 25% a year until rates reach levels that would reflect the actual risk from flooding. (Higher rates for second or vacation homes went into effect at the start of 2013.) That means that property owners in flood-prone areas who might have once been paying around $500 a year—rates that were well below what the market would charge, given the threat from flooding—will go up by thousands of dollars over the next decade.

www.npr.org - September 26, 2013 - Gary Allen

More than 120 manatees have died in Florida's Indian River Lagoon in the past year.

Something is wrong in Florida's Indian River Lagoon.

Over the past year, record numbers of dolphins, manatees and pelicans have turned up dead in the 150-mile-long estuary that runs along Florida's Atlantic Coast. Bouts of algal blooms have flourished in the waters. All the signs point to an ecosystem that is seriously out of balance. The crisis has mobilized scientists, residents and elected officials in Florida.

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On July 18, 2013, Frank Nutter, President of the Reinsurance Association of America, testified before the Senate Committee on Environment Protection and Public Works as to the RAAs perspective on weather and climate-related impacts in the United States.

Following are excerpts from his report:

"In the 1980’s, the average number of natural catastrophes globally was 400 events per year. In recent years, the average is 1000. Munich Re’s analysis suggests the increase is driven almost entirely by weather-related events. North America has seen a fivefold increase in the number of such events since 1980. In comparison, Europe has seen a twofold increase.

newscientist.com - by Fred Pearce - October 4, 2013

CLICK HERE - State of the Ocean Report 2013

We know the oceans are warming. We know they are acidifying. And now, to cap it all, it turns out they are suffocating, too. A new health check on the state of the oceans warns that they will have lost as much as 7 per cent of their oxygen by the end of the century.

The cascade of chemical and biological changes now under way could see coral reefs irreversibly destroyed in 50 to 100 years, with marine ecosystems increasingly taken over by jellyfish and toxic algal blooms.

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As Superstorm Sandy approached, and residents in coastal areas from Maryland to Connecticut were ordered to evacuate, many residents chose to stay put.  There are various reasons for this and analysis of these reasons has led to changes in the way storm warnings are now issued and will be issued in the future.

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A home destroyed during the landfall of Superstorm Sandy is pictured in Mantoloking, New Jersey March 22, 2013.  Credit: REUTERS/Lucas Jackson

reuters.com - by Barbara Liston - September 24, 2013

(Reuters) - More than a million homeowners living in older houses along the coastlines and riverbanks of the United States are being jolted by federal flood insurance rate hikes under a law passed in the wake of devastating storms.

Carol Giovannoni, 51, of St. Pete Beach, a barrier island community off Florida's west coast, is one of the people dreading October 1, when the law takes effect. Giovannoni said the annual flood insurance premium on her standard 1950s concrete-block, ranch-style home on the waterfront will jump from $1,700 to $15,000 over the next few years.

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CLICK HERE - Flood Insurance Reform Act of 2012