How Homeowners and Buyers Can Weather the Government Shutdown
Experts are weighing in on how the standoff over health insurance subsidies affects renters and homeowners.
Climate Change Is Moving Faster than Flood Insurance, Forcing Mass. Banks to Adapt
Worsening extreme weather, linked to climate change, is bringing catastrophic flooding to homes that have never seen it before, and it’s putting financial institutions risk of serious losses.
Private Flood Policies Bear Scrutiny
Because of climate change, Spencer Glendon – a senior fellow at the Woodwell Climate Research Center, one of the world’s most respected climate think tanks – said recently that it may not be long before every homeowner in the country will need flood insurance.
South Shore Bank Hit With $71K Penalty
The Federal Reserve Board assessed a $71,000 penalty this week against Weymouth-based South Shore Bank for violations involving flood insurance.
Flood Risk Could Influence Property Prices
New research suggests Massachusetts homes face substantially higher costs from flooding over the next 30 years as climate change worsens the risk of strong storms.
