The NFIP faces an "actuarial death spiral" as Risk Rating 2.0 hikes costs. After 35 short-term fixes, senators warn of a ...
Last year’s federal government shutdown spotlighted a critical vulnerability to the availability of the National Flood Insurance Program (“NFIP”) and the ripple effects for commercial and residential ...
The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways ...
The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
(AP) - 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 ...