Thursday, October 3, 2013

New flood map lowers risk, insurance in Fenwick

FENWICK ISLAND — Despite growing concern over sea level rise on Delaware’s coast and the return of severe hurricanes such as last season’s Sandy, the Federal Emergency Management Agency has decided to lower the flood risk in Fenwick Island. FEMA’s update to the Flood Insurance Rate Map could result in lower flood insurance rates for property owners in the community who have already built above the proposed floodplain ordinance. The flood risk reduction came as a surprise to many Fenwick residents in the wake of Hurricane Sandy, said Pat Schuchman, building official for the town. However, FEMA’s Flood Insurance Study did not include data from Sandy that would have affected risk.

 READ MORE: http://www.delawareonline.com/article/20130930/NEWS/309300040/New-flood-map-lowers-risk-insurance-Fenwick?gcheck=1&nclick_check=1

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