The National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
A year after Hurricane Helene ripped through the South with devastating wind, rain, and flooding, fewer people are buying flood insurance in four of the six states the storm affected. Nationally, ...
It’s the middle of hurricane season, and meteorologists say we’ve been lucky so far. Of the nine named storms and three hurricanes that have formed this season, only one short-lived tropical storm has ...
No new or renewed policies during the lapse; FEMA says valid claims will still be paid with available funds. NAR estimates about 1,300 property sales per day—roughly 40,000 closings a month—could be ...
(AP) - 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 ...
The NFIP faces an "actuarial death spiral" as Risk Rating 2.0 hikes costs. After 35 short-term fixes, senators warn of a ...
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