flood insurance policies News

FEMA Tries to Keep Flood Insurance Program Alive During Shutdown

The Federal Emergency Management Agency is exploring how to continue issuing new flood insurance policies after earlier saying that it would halt the practice during the partial government shutdown, leading to a backlash from lawmakers and realtors. The agency is …

Most Florida Flood Zone Property Uninsured

An Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge. In just five years, the state’s total number of federal flood insurance policies …

Sharp Drop Seen in Houston Flood Insurance Policies in Past 5 Years

Houston’s population is growing quickly, but when Harvey hit last weekend there were far fewer homes and other properties in the area with flood insurance than just five years ago, according to an Associated Press investigation. The sharp, 9 percent …

As Idaho River Rises So Do Flood Insurance Policy Sales

The Boise River – already past flood stage in heavily populated southwest Idaho – will be raised again, federal officials said Thursday. The U.S. Bureau of Reclamation and U.S. Army Corps of Engineers announced the river will go up to …

Oklahoma Bill Could Hinder State From Receiving Federal Flood Insurance

A group responsible for managing Oklahoma’s floodplains says bills moving through the Legislature that prohibit cities from regulating oil and natural gas drilling operations could prevent the state from participating in the National Flood Insurance Program. The Oklahoma Floodplain Managers …

Flood Policies Barely Increase a Year After Damaging Colorado Floods

At the time of the September 2013 Colorado flooding, an estimated 22,000 flood insurance policies were in force statewide. A year later FEMA reports the number of policies at 24,000. “The heartbreak of Colorado’s most damaging natural disaster is that …

Florida Residents Talk Flood Insurance

Alarmed and angered by soaring flood insurance rates, Manatee and Sarasota residents jammed a meeting held by U.S. Rep. Vern Buchanan. The Friday meeting drew several dozen people who are alarmed about a significant overhaul of the much-criticized program that …

Deadline Extended for Isaac Claims

Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 60 days to file claims for their flood-related losses. Policy owners now have until April 22 to complete their proof …

Deadline Extended for Isaac Claims

Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have another 30 days to file claims for their flood losses. Policy owners now have until Feb. 21 to complete their proof of …

Circuit Courts Affirm Strict Construction of Flood Insurance Policies

Two recent circuit court decisions affirmed that national flood insurance policies are to be strictly construed and are not subject to the flexible standards applied to private insurance policies. The National Flood Insurance Program (NFIP) was created because the private …