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Estimating undisclosed flood risk in real estate transactions

16 January 2025

The Natural Resources Defense Council (NRDC) recently commissioned Milliman to study the potential amount of undisclosed flood risk in 25 states by estimating the total number of homes damaged by prior flooding. Milliman’s analysis for NRDC was developed using the flood and storm surge models, federal flood exposure and loss data, and single-family home property characteristics from the Milliman Market Basket.

View the full report here. Reports specific to each state covered in the full report are available below, by clicking the relevant state.

This report was commissioned by the Natural Resources Defense Council (NRDC).


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