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.
Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say
FEMA’s New Flood Maps Means More Homes Require Flood Insurance: Cotality
State Farm to Increase Claims Workforce by 3,000
Hurricane to Threaten Hawaii With Flooding Over Weekend 

