Costlier Disasters Push U.S. to Buy Reinsurance June 15, 2018 By Christopher Flavelle The federal government, seeking to protect itself from the growing cost of natural disasters, is borrowing a technique from the...
FEMA Says Flood Insurance Rates Going up Again This Year April 4, 2018 Flood insurance premiums will rise again this year, according to federal officials. The Federal Emergency Management Agency said flood premiums...
Keeping Flood Insurance Above Water: Commentary January 31, 2018 By Mark Anquillare, Verisk Analytics With the National Flood Insurance Program (NFIP) currently set to expire on February 8, and many communities still recovering from...
The Move to a Private U.S. Flood Insurance Market January 17, 2018 By Denise Johnson Continued concern with the viability of the National Flood Insurance Program (NFIP) has led to growing interest in a private...
California Town Will Most Likely Consider Future Floods When it Rebuilds January 16, 2018 By JUSTIN PRITCHARD and CHRISTOPHER WEBER After power and drinking water return, and cleanup crews haul away the last of the boulders and muck that splintered...
FEMA Reflects on Historic Year of Catastrophes January 4, 2018 2017 will be a year remembered for the catastrophic disasters that resulted in 59 major disaster declarations, 16 emergency declarations...
House Passes Bill to Renew NFIP November 16, 2017 By KEVIN FREKING The House on Tuesday backed legislation that will increase flood insurance premiums for many property owners to help firm up...
Trump: End Flood Insurance for New Homes Built in Flood-Prone Areas October 9, 2017 By Christopher Flavelle President Donald Trump proposed ending federal flood insurance for new homes in areas most at risk of flooding, a change...
FEMA Insurance Chief Says Harvey NFIP Losses Could Reach $11B September 15, 2017 By MICHAEL BIESECKER The head of the National Flood Insurance Program said Wednesday early estimates show Hurricane Harvey will result in about $11...
Many Harvey Flood Victims Will Have to Pay Out of Pocket for Home Repairs August 31, 2017 By BERNARD CONDON and KEN SWEET Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior...