mandatory flood insurance News

Now Is Time to Prepare for Next Harvey; Tools Are Available: Viewpoint

My heart goes out to the people who have borne the brunt of Hurricane Harvey and still face continued flooding and a long recovery. As a nation, we need to be better prepared for such catastrophic floods so as to …

Rule on Requiring Lenders to Accept Private Flood Insurance Proposed

Five federal regulatory agencies are considering a rule that could boost sales of private flood insurance. The proposal would require lenders to accept private flood policies to satisfy the mandate that certain homebuyers in flood hazard areas purchase flood insurance. …