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 2026 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
CFC Names Former Direct Line Exec Winslow as Group CEO, Succeeding O’Shea
Agent-Carrier Relationships Improving, Survey Shows
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims
Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits 

