flood insurers News

Private Insurers Could Gain Access to Federal Flood Program

Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to …

Flood Insurers Face Scrutiny of Sandy Engineer Reports

When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. Their assignment: Find out how much damage to policyholders’ homes was caused …