Stronger rules needed for other NJ flooding along rivers - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 20, 2023 Newswires
Share
Share
Post
Email

Stronger rules needed for other NJ flooding along rivers

Press of Atlantic City (NJ)

Almost routine minor flooding and rare devastating storms are a way of life at the Jersey Shore, and have required many substantial changes to buildings and development to keep people safe and protect property. Area residents have enough flood hazards of their own to handle, and understandably care much less about the state's little rivers elsewhere.

Only the shore gets hit by hurricanes such as Superstorm Sandy, that can pound New Jersey with the oceanic power of water and wind, killing some and causing tens of billions of dollars in damage. Flood risk along those rivers, however, also is growing and the more frequent damage claims there are responsible for an outsized share of flood costs.

FEMA says historically, just 1% of properties repeatedly file claims with its National Flood Insurance Program. But they account for 25% to 30% of flood claims. Repeatedly flooded properties have cost the NFIP more than $12.5 billion, equal to about half of the debt the program has built up.

The Murphy administration is addressing inland flooding, updating state Flood Hazard Area and Stormwater Management Rules to better protect people and property.

As is the case with flood risk everywhere, relentless development has put more buildings and residents at risk.

The urgency for regulations based on current flood maps and rainfall data was obvious in September 2021 after the inland remnants of Hurricane Ida brought heavy rainfall to the Northeast, leaving 30 dead in New Jersey and much damage.

On Tuesday, the federal government approved $228 million in disaster aid to help New Jersey households and communities recover from the Ida deluge.

The inland flood rules were last adjusted in 1999, but that still left reliance on some 20- to 100-year-old flood and weather data. The update would require using current rainfall information in designing stormwater management systems; designing stormwater systems to handle the larger storms expected by 2100; and keeping new development out of current floodplains of rivers.

Environmental and community activists are urging the administration to apply flood rules to transportation as well (noting most Ida deaths were from flooded cars); extending development restriction to the larger 500 year flood zone; increasing Blue Acres funding to buy repeatedly flooded houses; and declaring a moratorium on development applications until the update is in effect.

Businesses have suggestions too.

The New Jersey Business & Industry Association said it generally supports the Department of Environmental Protection effort, but the new regulations shouldn't be applied to projects that are already underway.

Businesses that have invested in plans and gotten approvals should be grandfathered; making them start over with permitting, design and financing would be unfair, NJBIA said.

Residents can comment online on the rule changes until Feb. 3 at dep.nj.gov/inland-flood-protection-rule/. The inland flood revisions are expected to become final in the spring.

Holding off on new applications until then is a good idea.

So is letting approved development in the works continue under existing rules.

Gov. Phil Murphy and his administration wisely tackled the inland threats and damage of flooding first. Some blame them for not getting it done sooner, but we'll give them credit for getting it done, period.

They'll need the experience for the far harder modernizing of coastal flood regulation that comes next.

Older

Man sentenced to prison for laundering unemployment, pandemic funds in Puerto Rico

Newer

ACR Offers Plan to Improve Surprise Billing Independent Dispute Resolution Process

Advisor News

  • DC plan sponsors see opportunity in alternatives
  • The American Dream: Redefined as financial stability
  • Partial annuitization: How advisors can help clients balance income, growth
  • Guide women along the walk through widowhood
  • Dutch gambling tax hike falls short as prediction markets eye World Cup
More Advisor News

Annuity News

  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
  • Partial annuitization: How advisors can help clients balance income, growth
  • Guide women along the walk through widowhood
  • Regulators clear way to rewrite annuity illustration rules
  • Diversification’s growing importance in retirement planning
More Annuity News

Health/Employee Benefits News

  • As beer strike continues, community stands behind workers
  • Researchers at RTI International Report New Data on Managed Care (Tobacco Cessation Treatment in Pregnancy: Insights from Florida Medicaid Claims Data): Managed Care
  • Investigators from Medical University of South Carolina Have Reported New Data on Managed Care (Risk Factors Driving “no-shows” Across Orthopaedic Subspecialty Outpatient Clinics): Managed Care
  • New law provides clarity for firefighters’ health insurance
  • Appeals court tosses lawsuit accusing UnitedHealth of misleading seniors
More Health/Employee Benefits News

Life Insurance News

  • New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
  • AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
  • AM Best Upgrades Credit Ratings of The People’s Insurance Company of China (Hong Kong), Limited
  • SWBC’s Joan Cleveland Reappointed to Texas Association of Life & Health Insurers (TALHI) Board of Directors
  • AM Best Introduces US Life Version of Best’s Capital Adequacy Ratio Model Product
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet