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FEMA WILL tie insurance premiums through the National Flood Insurance Program to the actual flood risk facing individual homes nationwide starting in October 2020. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Climate advocates cheer Trump policy shift on flood insurance

NEW YORK - Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities around...
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The Birdhouse
70 Beacon Hill Road
Newport 
Price: $9,000,000
Date sold: July 30, 2018
Buyers: Judith S. and Jerry Sheindlin
Seller: Dorrance H. Hamilton Revocable Trust
Broker: Gustave White Sotheby’s International Realty (buyers and seller)
Year built: 2012
Bathrooms: 6 full, 2 half
Bedrooms: 6
Living space: 14,912 square feet
Previous price: Originally listed for $10,900,000. 
HOLDING COURT: Judy Sheindlin, of the syndicated TV show “Judge Judy,” and her husband, Jerry, purchased The Birdhouse at 70 Beacon Hill Road in Newport for $9 million last July, making it the most expensive home sale in Rhode Island in 2018.
 / COURTESY MICHAEL OSEAN

Despite multi-factor challenges, high-end home sales continue to grow in Rhode...

Despite the up-and-mostly down nature of the stock market in 2018, Rhode Island’s luxury real estate market showed no signs of slowing down. And...
RIGHT FIT: Sarah Lassor and Howard Thorp, of Thorp & Trainer Insurance, are on a deck on Atlantic Avenue in the Misquamicut section of Westerly. Thorp says private flood insurance isn’t right for ­everyone.
 / PBN PHOTO/
BRIAN MCDONALD

Read the fine print on private flood insurance

The flood-insurance market for Rhode Island has opened up in recent years, with more private options now available. But before businesses and homeowners try...

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