FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton February 13, 2025 By Chad Hemenway The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from...
Trump Questions FEMA’s Future Just When LA Needs It Most January 25, 2025 By Zahra Hirji Fire-wracked Los Angeles, facing its worst natural disaster in decades, has never needed the Federal Emergency Management Agency more. As...
FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers January 21, 2025 The Federal Emergency Management Agency said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of...
FEMA Maps Lead to Development in Flood-Risk Areas, University Study Shows January 15, 2025 By William Rabb A study by researchers at North Carolina State University supports what some critics of federal flood maps have said for...
Mayorkas Warns FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season October 4, 2024 By Kevin Freking And Colleen Long The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the...
In the Dark: Telling The Truth About Flooding Requires Accurate Maps and Strong Disclosure Laws September 10, 2024 By Joel Scata Hundreds of thousands of Americans already live in homes that have repeatedly flooded. To get a good handle on the...
FEMA Assistance Tops $20M for San Diego County April 5, 2024 The Federal Emergency Management Agency and the Small Business Administration today have distributed more $20 million in disaster recovery assistance...
FEMA Expands Reinsurance Program by Transferring $575M in Flood Risk to Capital Markets March 12, 2024 The Federal Emergency Management Agency in an effort to engage reinsurance markets to bolster the financial framework of the National...
Newer, Elevated Structures Had Much Smaller Flood Claims in Ian, FEMA Says February 6, 2024 Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the...
Reforms to US Disaster Aid Expose Growing Home Insurance Gap January 29, 2024 By Leslie Kaufman When disaster hits in the US, the federal government gives aid to states and counties, but also to individuals. In...