Back in June, the federal flood insurance act was overhauled, and put on a five year temporary budget to carry the newly patched up quiltwork legislation to carry over until a more comprehensive and longterm viable plan and financing can be constructed. This will also give time for those businesses and residents that currently reside in the enhanced flood plains to move to higher ground, or otherwise adapt to a world filled with more energetic and extreme storms and weather events. Committee Reports - 112th Congress (2011-2012) - House Report 112-557 There is an increasing ability to begin shifting our populations outside the areas of highest and most frequent risk, and most of this doesn't require much more than and building/construction codes and zoning laws that include the need to adapt to changing climate impacts. For those that are interested, here are some topically related links: "Insurance Industry Perspectives on Extreme Weather Events" - Insurance Industry Perspectives on Extreme Weather Events | Environmental and Energy Study Institute "Analysis of How the Flood Insurance Reform Act of 2012 (H.R. 4348) May Affect State and Local Adaptation Efforts" - http://www.georgetownclimate.org/si...of the Flood Insurance Reform Act of 2012.pdf Of Note, both of these are advocacy groups so some care should be taken to beware of subjective slant and framing. It is always important to independantly verify any claims made by any advocate.