Why the government's flood insurance program is underwater
2 days ago · Why the U.S. flood insurance program is drowning in debt : The Indicator from Planet Money Major flooding events are increasingly common across the U.S., but homeowners …
Congressional Reauthorization for the National Flood Insurance Program
Sep 28, 2024 · The National Flood Insurance Program (NFIP) must be reauthorized by Congress by Sept. 30, 2024, or face a lapse that would affect millions of policyholders. Learn about the …
FEMA Announces Reinsurance Program to Manage Future Flood …
Jan 4, 2024 · FEMA announced its 2024 traditional reinsurance placement for the National Flood Insurance Program (NFIP), continuing its risk management practice against catastrophic flood …
FEMA Projects up to $3.5 to $7 Billion in Hurricane Helene Flood ...
2 days ago · FEMA has projected Hurricane Helene could potentially generate National Flood Insurance Program claims losses between $3.5 to $7 billion (initial estimate), including loss …
Congress passes temporary funding extension to flood insurance program
Sep 27, 2024 · Congress approved a temporary funding extension through Dec. 20 that includes reauthorization of the National Flood Insurance Program.
Government shutdown poised to halt federal flood insurance program
Sep 28, 2023 · The authorization of the National Flood Insurance Program expires alongside the government's funding at 12:01 a.m. Sunday. If lawmakers do not reauthorize the program, …
Milton threatens to trigger flood insurance reckoning for Congress
Oct 9, 2024 · Key lawmakers and aides are beginning to game out the likely impact on the National Flood Insurance Program, which is the primary option for millions of American …
FEMA's National Flood Insurance Program Needs Urgent Fixes
Oct 8, 2024 · The National Flood Insurance Program is running out of money after multiple disasters and a quadrupling of properties receiving repeated payouts. Mark Gongloff argues …
Flood insurance swamps US government | Reuters
Sep 11, 2023 · The National Flood Insurance Program, which covers nearly 5 million properties, needs to be reauthorized by Congress by the end of the month to avoid a housing crunch. Yet …
U.S. Senate Hearing Discusses Major Changes Needed to NFIP
Feb 10, 2024 · The Senate hearing focused on challenges local communities have with flooding and the federally run National Flood Insurance Program, and the need for reform.