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 ...
Wasserman Schultz and Friedlander agree: The end of the national flood insurance could mean higher insurance costs. Currently ...
The Federal Emergency Management Agency (FEMA) announced Monday it has launched a National Flood Insurance Program (NFIP) call center pilot program to serve and support policyholders with the ...
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 ...
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 ...
As the NFIP faces expiration amid peak disaster seasons and a potential government shutdown, uncertainty looms for homeowners and insurers. States are increasingly taking resilience into their own ...
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NEW ORLEANS — Louisiana could be hit especially hard if the National Flood Insurance Program (NFIP) is allowed to expire at the end of the month. The program, which provides federally backed flood ...
FEMA has released draft versions of updated flood maps that could soon change flood insurance requirements for homeowners in affected communities. The updated maps, known as Pending Flood Insurance ...
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