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A novel type of insurance pool, parametric insurance, is designed to rapidly fund emergency response after natural disasters such as flooding.
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The money goes to buy out 11 properties in University City, Webster Groves and Ladue.
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The maps, which have not been updated since 2003, depict the danger presented to home and property owners.
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The federal agency had threatened taking away the system's accreditation in 2007 after the Army Corps of Engineers determined the levees might be compromised. Work over the past 15 years prevented that from happening.
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Federal officials are encouraging St. Louis residents to enroll in flood insurance, in anticipation of a potentially severe flood season.Most homeowners…
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During the Great Flood of 1993, the Mississippi River climbed halfway up the grand staircase of the Gateway Arch to its highest level recorded in the city of St. Louis. Bronze plaques designate the high-water mark — 49.58 feet, set on that Aug. 1. Read stories from the flood.
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This article first appeared in the St. Louis Beacon, March 28, 2013 - WASHINGTON – With the price of flood insurance on the rise and climate change likely…
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This article first appeared in the St. Louis Beacon, June 29, 2012 - WASHINGTON – Facing a trio of deadlines and a Fourth of July holiday, Congress…
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This article first appeared in the St. Louis Beacon, June 11, 2012 - WASHINGTON – Like the proverbial Little Dutch Boy who stuck his finger in a leaking…
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This article first appeared in the St. Louis Beacon, Sept. 6, 2011 - WASHINGTON - Maps, money and subsidies are the major issues in the debate over…