The Federal Emergency Management Agency in an effort to engage reinsurance markets to bolster the financial framework of the National Flood Insurance Program and promote private sector participation in flood-risk management has again obtained reinsurance coverage through insurance-linked securities reinsurance. …
Hurricane Idalia unleashed its fury on northwest Florida on Wednesday morning, landing in a sparsely populated area with winds of 125 miles (201 kilometers) per hour and 9 feet of storm surge. Although the urban conglomeration of Tampa-St. Petersburg was …
ACAMPO, Calif. (AP) — On Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks and other residents …
MIDDLETOWN, N.J. (AP) — Survivors of storms that pounded several U.S. states say the nation’s disaster aid system is broken and that they want reforms to get money into victims’ hands faster, with less red tape. On the 10th anniversary …
ST. LOUIS (AP) — When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more …
WASHINGTON (AP) –In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes. Yet Tommy Eastman may eventually drop coverage on his …
BATON ROUGE, La. (AP) — Hundreds of thousands of Louisiana homeowners, many of them still digging out of Hurricane Ida’s destruction, will soon see rising flood insurance bills. But the federal government is providing few details about how much its …
NEW YORK (AP) — After being pummeled by two tropical storms that submerged basements, cracked home foundations and destroyed belongings, Northeastern U.S. residents still in the throes of recovery are being hit with another unexpected blow: Thousands of families are …
NEW YORK — Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under new rules released on Thursday by the Federal Emergency Management Agency (FEMA), the first major update to …
Perhaps no single federal agency has been tested as much by 2020 as the Federal Emergency Management Agency. It has been a year of disaster. In addition to Covid-19, it was the busiest Atlantic hurricane season on record, and wildfires …