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Recent reforms killed most options for policyholders to sue their insurers in settlement disputes. The volume of complaints ...
The Federal Emergency Management Agency says its National Flood Insurance Program was forced to borrow $2 billion to help pay ...
Some private insurance companies like Nationwide and State Farm can write flood insurance policies. But when it comes to FEMA, they offer flood insurance through the National Flood Insurance Program.
NEW ORLEANS (WVUE) - Amid soaring flood insurance premiums, FEMA has introduced a policy change that could ease the financial burden on policyholders. Late last year, FEMA, which administers the ...
The Alaska Legislature is considering a bill that would create a new state insurance program to address damages from floods, ...
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After Hurricane Helene and Hurricane Milton pounded Florida’s Gulf Coast last year, the Federal Emergency Management Agency ...
heavy government subsidization of flood risk through the National Flood Insurance Program (NFIP) and (2) extensive development in high-risk areas, particularly properties that have suffered ...
"While the NFIP's (National Flood Insurance Program's) premiums are usually sufficient to pay claims in years without catastrophic floods, heavy rain events in 2024 — including hurricanes Helene ...
The Flood Insurance Affordability Tax Credit Act will give low- and middle-income households with flood insurance a 33 ...
Many people may not be aware that most standard homeowners, condo unit owners and renters insurance policies do not cover flood damage. Flood insurance coverages can be purchased separately from the ...
But skyrocketing costs of National Flood Insurance Program (NFIP) coverage are spurring significant departure from the program, with about 70,000 policies dropped in Louisiana from 2022 to 2024.
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