Recent Research from West Virginia University Highlight Findings in Environmental Policy (The National Flood Insurance Program As an Incentive To Employ Multiple Regulatory Approaches To Manage Floodplains: Lessons Learned From Pennsylvania, ...) - Insurance News | InsuranceNewsNet

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February 23, 2021 Newswires
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Recent Research from West Virginia University Highlight Findings in Environmental Policy (The National Flood Insurance Program As an Incentive To Employ Multiple Regulatory Approaches To Manage Floodplains: Lessons Learned From Pennsylvania, …)

Insurance Daily News

2021 FEB 23 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on Environmental Policy have been published. According to news reporting out of Morgantown, West Virginia, by NewsRx editors, the research stated, “Flooding is a common and costly natural hazard, causing huge amounts of damages and loss of human life across the world. In the United States, the National Flood Insurance Program (NFIP) constitutes the major driver for floodplain management.”

Financial supporters for this research include West Virginia University College of Law, Hodges Research Fund.

Our news journalists obtained a quote from the research from West Virginia University, “NFIP, a federal program, incentivizes state and local participation by offering subsidized flood insurance to residents of localities that participate. However, to participate local governments must adopt and enforce floodplain management regulations that meet or exceed the minimum NFIP standards and requirements. The minimum requirements consist of provisions that fall within zoning requirements, subdivision regulations, and building codes. Although a multi-pronged approach may be necessary for the program to be effective, local governments, particularly in rural areas, often lack both capacity and legal authority to fit the requirements into local ordinances, which tend to focus on one approach at a time.”

According to the news editors, the research concluded: “Improved enabling authority, increased financial support, and better coordination between federal, state, and local governments are required to make participation in NFIP easier and more effective for flood prone areas in the United States.”

This research has been peer-reviewed.

For more information on this research see: The National Flood Insurance Program As an Incentive To Employ Multiple Regulatory Approaches To Manage Floodplains: Lessons Learned From Pennsylvania, Vermont and West Virginia. Environmental Science & Policy, 2021;115:8-15. Environmental Science & Policy can be contacted at: Elsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, Oxon, England. (Elsevier - www.elsevier.com; Environmental Science & Policy - http://www.journals.elsevier.com/environmental-science-and-policy/)

Our news journalists report that additional information may be obtained by contacting Jesse J. Richardson, West Virginia University, College of Law, Pob 6130, Morgantown, WV 26506, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.envsci.2020.09.024. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

(Our reports deliver fact-based news of research and discoveries from around the world.)

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