National Flood Insurance Program (NFIP) News

Allstate Agent Can Be Sued Over Nonrenewal of ‘Grandfathered’ Flood Insurance Policy

A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of “grandfathered” lower premiums on flood …

Kentucky Cleanup Begins After Surging Rivers Recede

FRANKFORT, Ky. (AP) — After days of deluges overfilled rivers to near-record levels across Kentucky, residents were anxious Tuesday to return to their flooded homes and assess what’s salvageable, even as stubbornly high waters kept some of them waiting even …

Louisville, Other Parts of Kentucky Brace for More Flooding as Rivers Crest

The Ohio River is expected to crest Tuesday night at historically high levels, exacerbating flooding that has already swamped hundreds of homes, businesses and restaurants in Louisville and other parts of Kentucky. While heavy rains have moved on, rivers continue …

Why People Rebuild in Appalachia’s Flood-Ravaged Areas Despite Risks

On Valentine’s Day 2025, heavy rains started to fall in parts of rural Appalachia. Over the course of a few days, residents in eastern Kentucky watched as river levels rose and surpassed flood levels. Emergency teams conducted over 1,000 water …

Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding …

At Least 8 Killed in Kentucky With Heavy Flooding, Winds in Region

LOUISVILLE, Ky. (AP) — At least nine people have died in the most recent round of harsh weather to pummel the U.S., including eight people in Kentucky who died as creeks swelled from heavy rain and water covered roads. Kentucky …

Some in Helene-Hit North Carolina Embrace Trump’s Talk of Abolishing FEMA

SWANNANOA, N.C. (AP) — Emily Russell remembers feeling hopeful after she managed to get an appointment with the Federal Emergency Management Agency not long after Hurricane Helene ripped though her home in Swannanoa, North Carolina. But after several assistance requests …

Update: FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton

The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out more than $10 billion in …

FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers

The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758 million to the private market through the use of 27 reinsurance companies – up from 18 companies …

With Waters and Mandates Rising, HoneyQuote Adds Flood Insurance Price Tool

As more policyholders with Florida’s Citizens Property Insurance are statutorily required to purchase flood insurance, another insurance rate-quoting service has gotten in on the act. Officials with HoneyQuote.com announced Monday that the firm has started offering flood insurance quotes from …