The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways ...
Last year’s federal government shutdown spotlighted a critical vulnerability to the availability of the National Flood Insurance Program (“NFIP”) and the ripple effects for commercial and residential ...
Louisiana officials and federal lawmakers are warning that a lapse in the National Flood Insurance Program could freeze real estate sales, disrupt renewals for hundreds of thousands of policyholders, ...
If the government shuts down as expected on Wednesday, the National Flood Insurance Program (NFIP) will no longer be able to issue new policies or renewals, which could cause headaches for homeowners ...
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 ...
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 ...
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 ...
The Oregon Division of Financial Regulation (DFR) is alerting consumers that the National Flood Insurance Program (NFIP) is currently paused due to the federal government shutdown. The congressional ...
The study addresses four broad areas, risk analysis, flood insurance, risk reduction, and risk communication, regarding how levees are considered in the NFIP. Specific issues within these areas ...