How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.
FEMA to suspend communities from flood program
FEMA has published a notice [84 FR 54520] in this morning's Federal Register identifying communities in four states that are scheduled for suspension from the National Flood Insurance Program on October 18, 2019, due to their noncompliance with the floodplain management requirements of the program. If FEMA receives documentation that a listed community has adopted the required floodplain management measures prior to October 18, the suspension will not occur.
- Mississippi: Columbia, Tylertown, and unincorporated areas of Lamar, Marion, and Walthall counties
- Oregon: Depoe Bay, Newport, Salem, Siletz, Toledo, Turner, Waldport, Yachats, and unincorporated areas of Lincoln and Marion counties
- South Carolina: Hardeeville and unincorporated areas of Jasper County
- Texas: San Felipe, Sealy, and unincorporated areas of Austin County