flood disclosure News

NFIP Pays $364M on Idalia Claims. Florida Bill Requires Flood Disclosure to Buyers

The National Flood Insurance Program has paid out $364 million on flood claims from Hurricane Idalia, the storm that swamped part of Florida in August. That’s a fraction of the $3.2 billion NFIP paid after Hurricane Ian, a much larger …

New York Could Require Flood Disclosures in Home Sales

Alan Oligario`s home is prone to flooding — and he wishes someone had told him before he bought it. His initial flood came in the first year after he bought the house in Highland Falls, New York. The second came …

Conservation, CarFax-Like Disclosure, Means-Test in Mix of Flood Insurance Reforms

The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government. If some of today’s reformers get their way, flood insurance will become a mandatory topic at real estate …

Texas State Senator Files Harvey-Inspired Disaster Relief Bills

Texas state Sen. Kelly Hancock (R-North Richland Hills) has filed a legislative package addressing two significant concerns raised in the wake of Hurricane Harvey. Senate Bill 442 would require all homeowner’s insurance policies that do not provide flood coverage to …