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These FIRMs are used in identifying whether a land or building is in flood zone and, if so, which of the different flood zones are in effect. In 2004, FEMA began a project to update and digitize the flood plain maps at a yearly cost of $200 million. The new maps usually take around 18 months to go from a preliminary release to the final product.
FEMA's website "Change a Flood Zone Designation – Online Letter of Map Change" says homeowners and other interested parties may submit an Online Letter of Map Change (LOMC). FEMA says this can be used for property that was incorrectly included in a flood zone or if the addition of fill has elevated the property above the flood zone.
In late 2014, an update was released to bring Hazus up to compatibility with ArcGIS 10.2.2 and Windows 8. Later in the Hazus Modernization process, new functional enhancements will be implemented in the flood module, and the underlying code of Hazus will be re-designed to align with current practices, enabling future development.
Nationally, 2,279 communities don't participate in the voluntary program that provides insurance against flood damage, according to the Federal Emergency Management Agency, or FEMA, and most ...
FEMA's assessments account for the likelihood that a county will be struck by any of 18 different kinds of natural disasters, ranging from hurricanes, floods, or tornadoes, to the less common but ...
Risk-based cost of insurance. This is the full actuarial rate calculated by FEMA under the new risk plan based on expected losses. Due to state subsidies, most policyholders pay below this amount.