Coastal Risk News & Press

Use of Flood Risk Data and Modeling in Commercial Loan Underwriting and How This May Evolve with Promulgation of the ASTM Property Resilience Assessment (PRA)

Use of Flood Risk Data and Modeling in Commercial Loan Underwriting and How This May Evolve with Promulgation of the ASTM Property Resilience Assessment (PRA)

With the new ASTM Property Resilience Assessment (PRA) “best practice”, commercial lenders will now be exposed to property-specific, flood mapping covering many more types of flooding than FEMA flood maps provide, over wider areas of the US, and in much greater levels of detail

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EBA Journal: Summer 2024 Edition

EBA Journal: Summer 2024 Edition

The forthcoming ASTM Property Resilience Assessment Guide provides an overview of a generalized, systematic approach for conducting a Property Resilience Assessment (PRA) consisting of, first, identifying the natural hazards likely to affect a property; next, evaluating the risks posed by those hazards along with the capacity of the property to prepare for, adapt to, withstand and recover from those hazards; and then finally, identifying conceptual resilience measures to enhance property-level performance and recovery.

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Miami Shores Press Release

Miami Shores Press Release

Coastal Risk Consulting, a leading, Floridabased climate risk assessment firm, has been selected to update the Sea Level Rise Vulnerability Assessment for the Miami Shores Village in Miami-Dade County, Florida

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Investing in Your Company’s Physical Risk Resilience

Investing in Your Company’s Physical Risk Resilience

Extreme weather events, infrastructure and technology failures, and transportation accidents are on the rise globally. These physical threats often have cascading effects that reach all areas of a business. Organizational resilience, or the ability to anticipate, absorb, and recover from hazardous events, is now table stakes

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The New Property Resilience Assessment (PRA)

The New Property Resilience Assessment (PRA)

The Property Resilience Assessment (PRA) creates a standardized way of communicating the hazards and vulnerabilities that may affect a commercial, industrial, or multi-family building and helps identify resilience measures to improve its performance

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