Governor Newsom declares California state of emergency in three counties

California state of emergency - Wildfire in California

The alert is regarding the Glass and Zogg wildfires which threaten Napa, Sonoma and Shasta counties. Governor Gavin Newsom has declared a California state of emergency in three counties as a result of the Glass and Zogg fires. Those wildfires have already killed three people and have torched their way through thousands of acres since last Sunday. The governor included Napa, Sonoma and Shasta in his statement and sent a letter to President Trump. In Governor Newsom’s letter regarding the California state of emergency in the three counties, he addressed…

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FEMA announces 120-day NFIP grace period for flood policy renewals

NFIP grace period - Flood - homes

The Federal Emergency Management Agency is lengthening this time from having been 30 days. The Federal Emergency Management Agency (FEMA) has announced the extension of the NFIP grace period for flood insurance policy renewals to 120 days. The National Flood Insurance Program’s limit used to be thirty days. The reason the NFIP grace period length has changed is that FEMA is aiming to provide customers with relief at the moment. It acknowledges that many people are struggling with financial hardships from the coronavirus pandemic. Therefore, the extension is meant to…

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Buy flood insurance now as opposed to waiting, says FEMA

Buy Flood Insurance - Flood Waters - Caution sign

The Federal Emergency Management Agency is telling people not to delay before purchasing coverage. FEMA has issued a recommendation to homeowners, instructing them to buy flood insurance today instead of waiting to make their decision at a later date. The Federal Emergency Management Agency said that now is a good time for buying this coverage. The policies to which FEMA referred are through the National Flood Insurance Program. Among the top reasons FEMA is saying that homeowners should buy flood insurance now instead of later is that there is a…

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Massachusetts insurance industry helping Massachusetts towns recover from explosions

Massachusetts insurance industry gas explosion support

After three towns suffered natural gas explosions, carriers are helping them get back on their feet. As three towns in continue to recover from several natural gas explosions, the Massachusetts insurance industry is trying to help. Certain specific insurance companies have stepped up to try to assist with the return to normalcy. The natural gas explosions rocked their communities as one person was killed and 25 were injured. Certain parts of the Massachusetts insurance industry have reached out to try to help those who are affected. The blasts occurred on…

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FEMA moves forward with its own flood insurance changes

Flood Insurance Changes - Boots underwater

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 a number of flood insurance changes. The National Flood Insurance Program (NFIP) is facing massive and rising debt levels. There are many flaws in the program causing it to become unnecessarily expensive. Therefore, FEMA decided to help make changes to bring significant funding back to NFIP. The idea behind the latest flood insurance changes is to draw more private funds into the government-led coverage market.…

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Flood insurance extension to be approved through new spending package

Flood Insurance Extension - Flooding

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 pressure off the program for another four months. The $1.3 trillion federal spending deal will give the National Flood Insurance Program (NFIP) another reprieve. This is the fourth temporary extension the NFIP has experienced since September 2017. Washington lawmakers have now given themselves until July to either create another flood insurance extension or overhaul the NFIP. The alternative would be to allow the country’s flood…

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John Oliver describes Flood Insurance Program failures via talking seagull

John Oliver Last Week Tonight Flood Insurance Program

As hurricanes and flooding becomes increasingly problematic Oliver brought NFIP into the spotlight. The most recent episode of HBO’s Last Week Tonight with John Oliver focused on the National Flood Insurance Program (NFIP), and its current widespread failings. This episode arrived at a time in which the issue is exceptionally relevant but isn’t necessarily in the public’s eye. NFIP is struggling from all sides and is in dire need of reform at the same time that floods plague the country. “Floods were everywhere this summer,” explained Oliver. Although they may…

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