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.
Florida Appeals Court Strikes Jury’s $335,000 Award in Universal Plumbing Claim 
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal 
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026 
Trump’s Diversity Crackdown Reverberates Through US Boardrooms 
