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Amanda Spartz nearly did not renew her home’s flood insurance policy after her first year in Florida. Two hurricanes came close to the Fort Lauderdale suburbs last year, but they didn’t hit and her home isn’t in a high-risk flood zone. She figured she could put the $450 annual premium, due next week, to another use.
Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms – a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast.
A $509,000 federal grant will allow Bonner County to purchase and raze a home that was improperly built in the Pack River’s floodway, potentially jeopardizing other local landowners’ ability to get flood insurance. The house is near the confluence of the Pack River and Grouse Creek, where high water velocities and floating debris could cause significant damage during flooding, said Clare Marley, the county’s planning director.
Apple Inc.’s iPhone is owned by more than 40 percent of smartphone users in the U.S., giving the Cupertino, Calif., tech company the largest share of the national smartphone market, according to a report Thursday. Apple’s U.S. iPhone ownership grew from 35 percent during the fourth quarter of 2012 to 42 percent during the same period in 2013, according to a study by NPD Group.
After nearly 20 years of slogging through government regulations and appeals, some residents near Chester Creek are breathing a sigh of relief and looking forward to a few more dollars in their pockets after the Federal Emergency Management Agency has reduced the size of the Chester Creek flood plain. Many landowners in the area had protested that they should not be included in the flood plain and be forced to buy expensive flood insurance. Spokane Valley businessman Dick Behm has been at the head of the fight, but he refuses to celebrate before the new flood plain map goes into effect in July. FEMA released a letter of final determination announcing the changes in January.