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.
Chubb Group Vice Chair Lupica to Retire at 2025 End 
Black Vultures Spreading North, Attacking and Killing Cattle 
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion 
Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates 
