U.S. officials estimate the FEMA-run National Flood Insurance Program will make $11 billion in payments for flooding in Texas caused by Hurricane Harvey, the program’s administrator Roy Wright said.
Additionally, in an attempt to make those payments more quickly, homeowners who do not object to the determination made by adjustors will be able to receive their payouts without completing additional paperwork, Wright said.
Reporting by Ginger Gibson; Editing by Chizu Nomiyama
Copyright 2025 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
Product Liability Verdicts Are on the Rise but There Are Ways to Avoid Them
Litigation Finance Hits a Wall After Bets on Huge Gains Falter
Death of Teenager on Carnival Cruise Ship Ruled a Homicide
State Farm Sued Over Policies Backed by Distressed Insurer PHL 

