Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home sales in ...
The Town of Fort Myers Beach announced it has been brought back into the National Flood Insurance Program’s Community Rating System. Beginning April 1, most property owners will have their 25% flood ...
The Continuous Coverage for Flood Insurance Act is intended to let policyholders maintain qualifying private flood insurance ...
Rep. Nydia Velázquez has represented parts of Brooklyn and Queens in Congress for more than 30 years. She currently serves as the ranking Democrat on the House Small Business Committee, which oversees ...
FEMA has exercised its borrowing authority under the National Flood Insurance Act of 1968 to borrow $2 billion from U.S. Treasury to pay eligible National Flood Insurance Program (NFIP) policyholder ...
A group of the industry’s heavy hitters, including the Mortgage Bankers Association (MBA) and the American Bankers ...
Concerns of a potential government shutdown are top of mind this week as funding for federal agencies and programs is set to expire at midnight on Friday, March 14. A primary worry for insurance ...
Congress will formally mull a long-term solution for the embattled National Flood Insurance Program. Sen. Tim Scott, R-S.C., chairman of the Senate Banking Committee, announced a working group to ...
The nation’s largest flood insurance program – managed by the federal government – has been expired for more than a week, possibly leaving thousands of homeowners in limbo. The National Flood ...
A bipartisan group of six members of the U.S. House of Representatives introduced a bill Wednesday focused on protecting the ...
Most US homeowners insurance policies don’t cover flood damage, and the federally subsidized NFIP accounts for nearly 90% of ...
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