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 National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Jennifer Johnson and her mother Steffi Cooper leave their flood damaged home in the Weatherhill Pointe neighborhood of Carrboro, N ...
The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways ...
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 ...
Equinox (TM) was designed to provide insurers with a flexible, multi-peril foundation capable of supporting NFIP flood, private flood, homeowners, and additional P&C lines of business within a unified ...
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 ...
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 ...
Along with a government shutdown looming, the National Flood Insurance Program (NFIP) is also set to expire tomorrow (Sept. 30) unless Congress extends it. Run by FEMA, the program covers more than ...
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