federal flood insurance News

Delaware Towns Worry About Hike in Flood Insurance Cost

Kent County residents and leaders in Delaware are getting their first look at new flood maps and worrying about the impact on flood insurance rates. The News Journal reports that federal officials unveiled new flood maps for Kent County on …

N.Y. Senator Gillibrand to FEMA: Review Flood Insurance Rules

U.S. Sen. Kirsten Gillibrand (D-N.Y.) has asked the Federal Emergency Management Agency to review rules that resulted in insurance coverage denials for some Superstorm Sandy victims. Gillibrand’s letter last week came after reports that the National Flood Insurance Program is …

Sandy Flood Claims Exceed $31M in R.I.; Average Payment Was $35,603

The National Flood Insurance Program has paid more than 800 claims totaling more than $31 million to property owners in Rhode Island after Superstorm Sandy. The Providence Journal reports that the federal program also rejected about 200 claims. The total …

FEMA: Federal Support for Rhode Island Sandy Recovery Exceeds $39M

The Federal Emergency Management Agency said Tuesday that more than $39.4 million in support from four federal disaster relief programs is helping Rhode Island recover from Superstorm Sandy’s effects.FEMA said the majority of the support is from the National Flood …

A New Threat for Hardest-Hit Sandy Victims: Soaring Flood Insurance Costs

George Kasimos has almost finished repairing flood damage to his waterfront home in New Jersey, but his Superstorm Sandy nightmare is far from over. Like thousands of others in the hardest-hit coastal stretches of New Jersey and New York, his …

FEMA Publishes Latest Data on New Jersey’s Sandy Recovery

The Federal Emergency Management Agency this week released its latest figures regarding Superstorm Sandy disaster assistance and recovery in New Jersey — including the National Flood Insurance Program claims payments made so far for New Jersey residents. The numbers are …

Floridians Encouraged to Buy Flood Insurance Before Hurricane Season Gets Underway

Florida Insurance Commissioner Kevin McCarty is encouraging Floridians to make preparations now for the upcoming 2013 hurricane season by purchasing flood insurance. Flood insurance is administered through the National Flood Insurance Program (NFIP) and is available to homeowners, renters and …

FEMA Has Most New Jersey Flood Insurance Claims Settled

The Federal Emergency Management Agency says it has settled 96 percent of the post-Superstorm Sandy National Flood Insurance Program claims in New Jersey.The agency says that as of Tuesday, there had been 74,825 claims filed and 70,689 had been closed.

Flood Insurance Policyholders Told to Expect Big Premium Hikes

The head of the Federal Emergency Management Agency said people who buy federal flood insurance need to plan for big rate hikes. FEMA director Craig Fugate said some people now paying hundreds of dollars a year could wind up paying …

N.J. Poll: Rules Needed for Rebuilding After Superstorm

A new poll finds most New Jersey voters surveyed believe the state should impose specific rules on property owners who are rebuilding after Superstorm Sandy.The Fairleigh Dickinson-PublicMind poll from March 19 found that 64 percent of respondents believe property owners …