NFIP News

FEMA Reports Record Number of Flood Policies Purchased in California

Federal emergency officials reported Tuesday a surge in the number of California residents who have purchased flood insurance, most likely in response to a rainy El Nino winter. Officials with the Federal Emergency Management Agency said insurers have written more …

Arkansas in Top 5 States Located in 100 Year Flood Zones

Mike Borengasser said floodwaters can always find you. Borengasser, state climatologist with the Arkansas Natural Resources Commission, wasn’t trying to sow fear but, rather, knowledge about what the Federal Emergency Management Agency said is the nation’s most common natural disaster. …

2015 a Notable Year for Louisiana Hurricane Anniversaries

Call 2015 the year of hurricane anniversary coincidence in Louisiana. Besides marking the 10th anniversary of the devastating hurricanes Katrina and Rita, this year is the 100th anniversary of a deadly storm that struck in 1915, the 50th anniversary of …

Munich Re Announces New Inland Flood Insurance Product for Homeowners

Munich Reinsurance America, Inc. announces a new personal lines inland flood insurance product designed to provide more options for homeowners in low-to-moderate-hazard flood zones. According to the National Flood Insurance Program (NFIP), flood is the most common natural disaster in …

FEMA Starts Review of Sandy Flood Insurance Claims

The Federal Emergency Management Agency said Friday it has begun reviewing flood insurance claims of Superstorm Sandy victims, some of whom have said their damages were underestimated. FEMA said in a statement the agency is mailing letters to about 142,000 …

FEMA Launches Task Force to Examine Superstorm Sandy Issues

A task force will begin work next week with the Federal Emergency Management Agency’s national flood insurance program to examine problems that arose after Superstorm Sandy and to develop recommendations to correct them. U.S. Sens. Bob Menendez and Cory Booker, …

Millions Face Higher Flood Insurance Premiums

A $24 billion sea of red ink has millions of Americans in vulnerable flood zones, including homeowners still struggling to recover from Superstorm Sandy, facing steep increases in flood insurance premiums. New legislation that went into effect this month – …

Oklahoma Bill Could Hinder State From Receiving Federal Flood Insurance

A group responsible for managing Oklahoma’s floodplains says bills moving through the Legislature that prohibit cities from regulating oil and natural gas drilling operations could prevent the state from participating in the National Flood Insurance Program. The Oklahoma Floodplain Managers …

FEMA Launches Interim Office of the Flood Insurance Advocate

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) Administrator Craig Fugate announced the launch of the Interim Office of the Flood Insurance Advocate, led by the Acting Flood Insurance Advocate, David Stearrett. The Interim Flood Insurance Advocate …

New Flood Zone Maps Frustrate Connecticut Homeowners

People living on Porter Avenue face a threat that could put their homes underwater – but it’s not coming from nearby Long Swamp Brook. The rising cost of flood insurance is putting a financial strain on local residents, and many …