WFSU14h
After multiple hurricanes, FEMA is borrowing billions to pay flood claims
After Helene and Milton pounded Florida’s Gulf Coast last year, the Federal Emergency Management Agency needs help paying ...
Artemis6d
NFIP hurricane Helene loss estimate range stretched higher to top-end of $7.4bn
The U.S. Federal Emergency Management Agency’s (FEMA) has updated its estimate for National Flood Insurance Program (NFIP) ...
National Mortgage News4d
FEMA borrows additional $2B to pay for Helene, Milton claims
Southeast homeowners affected by the storms last fall submitted a combined over 78,500 flood insurance claims to the National ...
Florida’s insurance prices need to reflect the realities of living in paradise | Column
Insurers can falter, premiums may fall short and, ultimately, the financial burden shifts to homeowners and taxpayers.
Yahoo Finance4d
Neptune Flood Research Group Report Unveils Roadmap for Transitioning NFIP Policies to the Private Market
Research from the nation's largest private flood insurer shows that private carriers could assume up to 95% of the NFIP portfolio, significantly reducing the federal government's financial ...
Why eliminating FEMA would be a disaster for LI
Nearly a quarter of the $2.18 billion allocated to New York State through FEMA’s Hazard Mitigation program is estimated to have been granted to fund projects on Long Island that are intended to ...