NFIP is now fifty years old but the program has not undergone a healthy aging process. The subsidized federal flood insurance program is half a…
Tag: national flood insurance program
Insured Hurricane Michael losses estimates as high as $8 billion
The devastating storm crashed through 4 states, leaving the most damage behind in Florida. The insured Hurricane Michael losses could be as high as $8…
National Flood Insurance Program Expires in Under 2 Weeks
The last day for the program will be July 31st unless Congress changes or renews it. The National Flood Insurance Program (NFIP), which covers five…
FEMA moves forward with its own flood insurance changes
The Federal Emergency Management Agency has decided to take NFIP tweaks into its own hands. The Federal Emergency Management Agency revealed its intentions to make…
Florida flood insurance rates are on the rise in April
This month, homeowners will start to pay more for their coverage against water damage. Homeowners are being advised that Florida flood insurance is getting more…
Flood insurance extension to be approved through new spending package
The good news, however, may only extend until July when a new deadline may approach once more. A new flood insurance extension will take the…
House Republicans pass flood insurance bill to overhaul NFIP
Bipartisan opposition was overcome and the bill was passed to continue helping policyholders at risk of flooding. A controversial flood insurance bill has been passed…
