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Rising sea levels of 3 feet or more will make the United States more vulnerable to large property losses, necessitating major changes to the National Flood Insurance Program, according to a new report, as a separate legislative analysis shows NFIP claim and other costs surpassing premiums.
High-end scenarios for sea level rise project an additional 6 or 7 feet by 2100, according to Washington-based American Association for the Advancement of Science.
“Of all the changes that may or may not be occurring in the global climate, the prospect of rising sea levels is the one that is the hardest to overlook,” the Washington-based American Academy of Actuaries said in its “National Flood Insurance Program: Challenges and Solutions” report...
● http://www.actuary.org/files/publications/FloodMonograph.04192017.pdf
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