• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Post A Job

Agency Checklists

Massachusetts Insurance News & Job Opportunities

  • AC Interviews
  • Agency M&A
  • Career News
  • CAR News
  • DOI News
  • Coverage Cases
  • Innovation
  • InsurOp-Eds
  • AC Podcast
You are here: Home / Latest News / Homebuyers Need Better Flood Risk Info, Planning Group Says

Homebuyers Need Better Flood Risk Info, Planning Group Says

May 8, 2023 by State House News Service

Agency Checklists, MA Insurance News


Massachusetts is one of 15 states that has no flood disclosure requirements for potential homebuyers

The Metropolitan Area Planning Council is calling for the state to require flood history disclosure for potential homebuyers and renters, after the council’s analysis of stormwater flooding in 2010 showed existing tools to predict flooding were unreliable.

The MAPC report, released Wednesday, showed greater Boston is susceptible to unpredictable stormwater flooding. The council examined Federal Emergency Management Agency (FEMA) and the Massachusetts Emergency Management Agency disaster claims records from a March 2010 rain events, which dropped 1.5 feet of water on eastern Massachusetts over 19 days.

The flooding caused by the 2010 storms was widespread and eventually cost $59 million in disaster assistance to Massachusetts residents. The average amount awarded per claim was $1,762, with a maximum award of $29,900. But, FEMA flood maps — the primary source of flood risk information for homebuyers — were poorly predictive of where the stormwater flooding was most likely to occur, the report says.

The large majority, 96 percent, of the claims from the storms came from areas outside of the FEMA Special Flood Hazard Areas.

“The vast majority of the 19,395 approved and unique disaster assistance and flood insurance claims we analyzed were outside the SFHA,” said Rachel Bowers, regional planning data analyst at MAPC. “As a result, most residents were unaware of their risk and damages were much greater than they otherwise might have been.”

The council says this data is especially relevant as the number of rainfall events is on the rise. The number of intense two-day storms has increased by 74 percent from 1901 to 2016, the report says, and the heaviest rain events of the year now drop 55 percent more precipitation than the rainiest days of the midcentury.

“Potential home and business owners look to FEMA flood maps as a primary source of flood risk information. Our analysis raises significant concerns about the region’s current understanding of and ability to prepare for stormwater flooding of any magnitude,” Bowers said.

Massachusetts is one of 15 states that has no flood disclosure requirements for potential homebuyers.

In addition to requiring flood history disclosure, MAPC also recommends that the state provide more funding for stormwater management to repair aging infrastructure and add new infrastructure. The council also says the Massachusetts Emergency Management Agency should apply for funds through the federal Storm Act, which provides funding for hazard mitigation revolving loan funds. 

Primary Sidebar

Job Board

Search Our Archives Here

Career News

Quincy Mutual appointed Gerald F. Cox as president and chief executive officer following his tenure as CFO of Hiscox USA.

Quincy Mutual Announces New CEO

Salem Five Insurance Services appointed Gregory Grintchenko as senior vice president of insurance sales to support the agency's continued growth strategy.

Salem Five Insurance Services Expands Leadership Team with Addition of Gregory Grintchenko

Gavin McPhail, Vice President and Chief Data Officer at Plymouth Rock Assurance.

Plymouth Rock Assurance Strengthens Leadership Team with Three Strategic Appointments 

View All

MA Division of Insurance Advertisements

Massachusetts Division of Insurance notice about a license for State Farm Life Insurance Company, Bloomington, IL, dated July 27, 2026, in a bordered frame.
Formal notice from the Commonwealth of Massachusetts Division of Insurance about amending Wesco Insurance Company’s foreign license, dated July 27, 2026.
Framed formal notice from Massachusetts Division of Insurance about amending a foreign license for AXA XL Insurance Company Americas, dated July 23, 2026.
Official Massachusetts Division of Insurance notice from Safeco Insurance of America about an amended Foreign Company License to transact Property & Casualty insurance; dated July 20, 2026.
Official certification: Commonwealth of Massachusetts, Division of Insurance, license amendment for First National Insurance Company of America, 225 Borthwick Ave, Portsmouth, NH, dated July 20, 2026.

Listen Now

Sponsor

Interviews

From Nuptials, Tickets, and Taxes to Trusted Advisor: One Agency’s Unique Path to P&C Success

A Conversation with Evan Silverio, President & CEO of Silverio Insurance Group

Deland, Gibson Celebrates 125 Years: A Conversation with CEO Chip Gibson

The Fourth-Generation Family-Owned Agency is Based in Wellesley

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual | Agency Checklists

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual

Mr. Welch is CEO of Massachusetts-based Hospitality Insurance Group

Born and Bred in the Bay State: The Special Agent Story

Our Latest Agency Interview is with the Founder & President of Special Agent

A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year

Daniel Bridge is Board Chair, President, and CEO of Vermont Mutual Insurance Group

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Our latest Agency Interview is with Nadeen Vella, the founder and owner of a virtual scratch independent agency.

View All

InsurOp-Eds

Agency Checklists, MA Insurance News, Mass. Insurance News

A Feast Without the Fiasco: Tips to Help Policyholders Host Safely This Thanksgiving

By AC Editor

What Saving 15% Gets You…

By Bill Wilson

Agency Checklists, MA Insurance News, Mass. Insurance News, IRS Deduction , New Pass Through Deduction and Insurance Professionals

InsurOp-Ed: Biden Tax Plan’s Impact on Insurance Agencies

By Michael Ryan

Agency Checklists, MA Insurance News, Mass. Insurance News, Google, CapitalG, Investments in insurance innovation

InSurOp-Ed: The CGL Policy and Faulty Workmanship

By Bill Wilson

View All

In Memoriam

Gordon Elliott Taylor, longtime owner of the Blackmer Insurance Agency in Shelburne, Massachusetts, who served the local insurance community for decades.

In Memoriam: Gordon Elliott Taylor

William R Berkley founder of W R Berkley Corporation and leader in commercial insurance industry

W. R. Berkley Corporation Announces the Passing of Its Founder and Executive Chairman, William R. Berkley

Michael R Quinn longtime leader of Allan M Walker Insurance Agency in Taunton Massachusetts

Taunton Insurance Leader Michael R. Quinn Dies at 70

Footer

Contact us

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

Explore Our Archives

Copyright © 2026 · Agency Checklists · All rights reserved.

Loading Comments...