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 ...

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 ...

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 ...

The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways ...