Disasters

"Flood Insurance Prices Surge"

"A new law meant to stabilize the federal government's money-losing flood-insurance program is starting to send rates sky high, prompting a growing backlash in coastal areas."

"The Biggert-Waters law, enacted in 2012 before superstorm Sandy hit the Eastern Seaboard, requires that government insurance premiums for the 5.6 million property owners in flood-prone regions be set at a level that better reflects the full risk of flooding. It was prompted by cumulative losses that had ballooned to $24 billion for the National Flood Insurance Program.

Source: Wall St. Journal, 08/15/2013

Chemical Safety: Right-To-Know? No — Not Exactly

The system for informing Americans about the threats to their health and safety posed by chemical plants is seriously broken, a Reuters investigation revealed August 10, 2013. Facilities often misidentify chemicals or their location, or fail to report the existence of the substances. But there are tools to help reporters.

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"BP Sues US Government Over Suspension From New Federal Contracts"

"British oil giant BP sued the U.S. government on Monday over its decision to bar the company from new federal contracts to supply fuel and other services following the company’s agreement to plead guilty to manslaughter and obstruction charges in connection with the 2010 Gulf of Mexico oil spill disaster."

Source: FuelFix, 08/14/2013

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