Harris, Liberty Insurance's president, says that Sandy has accelerated the process of getting the ABFE maps out to the public--and that has been a headache of sorts for agents, who now will have to explain the situation to all of their clients.
Since Sandy he has been advising homeowners to wait for decisions at the federal, state and municipal levels before deciding to make repairs or rebuilding--and since flood maps are subject to change, Stults says he is urging clients planning to rebuild to do so at an elevation of three feet above the ABFE maps.
Flood maps are subject to change, says Stults, and he is urging clients planning to rebuild to do so at a height of three feet above the ABFE.
Harris says that Sandy has accelerated the process of getting the ABFE out to the public and that has been a headache of sorts for agents.
But this is the first time we have coordinated events on the same night," says Chris Finan, ABFE
Abstract: This study, contracted by the Association of Black Foundation Executives (ABFE), is based on selected data from responses to the Council on Foundations' 1992 Management Survey as well as a 1993 ABFE survey of black foundation employees.
ABFE is a national affinity group of African American professionals in philanthropy.
Between the new ABFE flood maps and the ramifications of the Biggert-Waters bill, it's clear that homeowners in the affected areas need to take some action or they stand to find flood insurance premiums going through the roof.
FEMA began releasing the ABFEs for New Jersey's inland counties last week.