The letter claims the flood insurance premium pricing change has made the product unaffordable, resulting in a large drop off ...
U.S. Senators Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.) this week reiterated the need for the Federal Emergency ...
Sens. John Kennedy and Bill Cassidy urge the Federal Emergency Management Agency (FEMA) to stop Risk Rating 2.0 while seeking ...
When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to ...
The study, published Tuesday in the Journal of Catastrophe Risk and Resilience, suggests that in the last few years, hundreds of thousands of Americans have dropped their flood insurance policies or ...
For more than a month, a lapse in funding froze Americans' largest provider of flood insurance. The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn't ...
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 National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn’t sell or renew coverage during the 44-day government shutdown.1 The budget bill that ended the ...