high-risk areas News

FEMA Report: Flood Insurance Hikes Will Drive 1M from Market

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 …

California Bill Bars Insurers From Declining Fire Coverage

SACRAMENTO, Calif. — Amid mounting cries of California homeowners being denied wildfire insurance in high-risk areas, lawmakers want to require insurance companies to cover all existing homes, as long as they meet new safety standards. The measure, coming after years …

California May Boost Rules for Homes at High Wildfire Risk

SACRAMENTO, Calif. — Years of increasingly deadly California wildfires spurred lawmakers to consider regulations Tuesday that would toughen local governments’ requirements for approving housing developments in high-risk areas. A state Senate committee voted 8-3 Monday to advance a measure requiring …