National Flood Insurance Program News

FEMA Extends ‘Proof of Loss’ Deadline for Sandy Flood Insurance Claims

The Federal Emergency Management Agency (FEMA) issued a bulletin Monday announcing that it will grant an additional extension to Superstorm Sandy victims for the “proof of loss” filing deadline for their flood insurance claims. Under the National Flood Insurance Program …

N.J. Gov. Asks FEMA to Give Sandy Victims More Time to File Flood Claims

New Jersey Gov. Chris Christie’s administration is urging the Federal Emergency Management Agency (FEMA) to give the state’s residents and businesses who suffered flood damages from Superstorm Sandy an additional six-month extension to file a complete flood insurance claim, or …

R.I. Realtors: Flood Insurance Concerns Contributed to Home Sales Drop in Feb.

The Rhode Island Association of Realtors says bad winter weather and worries about increasing flood insurance premiums likely played roles as home sales and prices in the state declined in February. The group said on Mar 27 that single-family home …

In Maine, 3,300 Policyholders Likely to See Flood Insurance Rate Increases

Thousands of Maine homeowners and businesses could see their rates for flood insurance rise as the federal government attempts to put the troubled National Flood Insurance Program back on sound financial footing. Most of the communities with the largest number …

In Delaware, Over 3,600 Policyholders Face Flood Rate Hikes

Premiums for thousands of Delaware property owners may increase significantly because of changes to the National Flood Insurance Program, but it seems many residents may not know about impending rate hikes of up to 25 percent. “We have been hearing …

Rhode Islanders Grapple With Rising Flood Insurance Premiums

Steve Morris lives in a century-old restored cottage on a tucked away corner of Narragansett Bay in Rhode Island. The home survived big hurricanes in 1938 and 1954, and Morris has never worried about flooding. But the home is now …

In Maryland, 12K Residents Face Steady Rise in Flood Premiums

Changes in the federal flood insurance program are likely to mean higher premiums for thousands Maryland residents, and not just those living in Ocean City or along the Chesapeake Bay. Residents of smaller inland towns like Federalsburg, where the percentage …

Thousands in New Hampshire Still Face Flood Premium Hike

Realtor Bob Preston has lived on New Hampshire’s seacoast his entire life and his family has sold and rented properties there for decades. He’s never had a property flood but still pays for federally mandated flood insurance. Like thousands of …

In Vermont, 2,400 Residents Likely to See Their Flood Premiums Rise

Much of downtown Montpelier, Vermont, is perched along the banks of the North Branch of the Winooski River, a waterway that has poured into buildings, forcing many homeowners to purchase flood insurance. Now 242 Montpelier residents who receive subsidized federal …

Few D.C. Residents Affected in Flood-Insurance Debate

While the federal government wades through a complicated effort to keep the National Flood Insurance Program solvent, the capital city has very little at stake in the debate. That could be changing, though. Data compiled by The Associated Press show …