A climate research organization will offer access to a risk model that predicts ...
NEW YORK - A climate research organization will offer access to a risk model that predicts the probability of flooding for homes across the United States, giving the public a look at the data institutional investors use to gauge risk.
First Street Foundation on Tuesday launched Flood Lab, a research partnership which provides eight universities with its model that maps previous instances of flooding as well as future risks. Using the dataset, Wharton, MIT and John Hopkins University among others will quantify the impacts of flooding on the U.S. economy.
The data will be made available to the public in the first half of 2020 in an online database searchable by home address. Major risk modeling firms like Risk Management Solutions, CoreLogic, AIR Worldwide and KatRisk are currently the sole purveyors of that information, which they sell to big insurers, mortgage lenders and investment firms. But the cost, which can run into seven figures a year, is prohibitive for universities, smaller financial firms and homeowners.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boosie Badazz Planning Model-Filled Party For Joe Burrow If LSU Wins TitleNot like Joe Burrow needed any motivation ...
Read more »
James Turlington, Christy Turlington's Nephew, is the Hottest Male Model at NYFWJames Turlington, ex-semi pro baseball player turned IMG model, made his runway debut at New York Fashion Week.
Read more »
Model Gigi Hadid shows up for New York jury duty in Weinstein rape trialSupermodel Gigi Hadid is among jury candidates for the rape trial of former movie producer Harvey Weinstein
Read more »
The Future Of Legal: A New Model For Addressing Modern Business ChallengesThe legal function’s role in assuring operational excellence cannot be overstated in the modern business environment as businesses navigate globalization, increased levels of regulation, and digitization.
Read more »
Pete Davidson Is A 'Super Duper Model' In Alexander Wang's New CampaignAdam Devine was apparently unavailable!!!
Read more »
Liam Hemsworth Spotted Kissing Model Gabrielle Brooks on BeachThe 29-year-old actor appeared to enjoy a day in the sun with his rumored girlfriend.
Read more »