New federal construction projects must meet higher flood risk standards.

On Jan. 30, President Barack Obama issued Executive Order (EO) 13690 establishing a federal flood risk management standard “to improve the Nation’s resilience to current and future flood risk.” The executive order also sets up a process for further soliciting and considering stakeholder input before the standard is implement.

EO 13690 demonstrates President Obama’s belief in the importance of climate change as a major factor in increasing flooding risks. Recognizing the severe damage that flooding can cause to infrastructure, including buildings, roads, ports, industrial facilities and even coastal military installations, the new executive order directs federal agencies to ensure that new federal building projects are constructed to withstand the impact of flooding, following the new standard.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.