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Insurance Industry Needs Support From Real Estate Sector and Governments to Mitigate Effects of...

LONDON - December 3, 2014 - (RealEstateRama) -- A new white paper by the Urban Land Institute (ULI) finds that while the insurance industry is a leader in developing risk standards for natural disasters, the real estate sector and governments must also play an active role in climate change adaptation. Entitled What the Real Estate Industry Needs to Know about the Insurance Industry and Climate Change, the report draws upon data and analysis provided by Lloyd’s of London, to conclude that accurately priced insurance alone cannot mitigate the effects of climate change on the built environment.

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FinCEN Requests Comments on Proposed Form for Compliance with Residential Real...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a 60-day notice in the Federal Register concerning the form that select real estate professionals will use to report information about certain residential real estate transfers under the Residential Real Estate Rule.