House-Passed Hurricane, Farm Disaster Aid Bill Includes Flood Insurance Extension May 13, 2019 By Andrew Taylor The House on Friday passed a $19 billion disaster aid bill that would deliver long-sought relief to farmers, victims of...
Conservation, CarFax-Like Disclosure, Means-Test in Mix of Flood Insurance Reforms March 21, 2019 By Andrew G. Simpson The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to...
Government Overhaul of National Flood Insurance Cheered by Climate Resilience Experts March 18, 2019 By Christopher Flavelle Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities...
Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan March 12, 2019 By Christopher Flavelle Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration...
FEMA Renews $1.3 Billion Reinsurance Program with 28 Carriers January 31, 2019 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has renewed for the third year a reinsurance program that transfers future catastrophic flood...
Hurricane Florence Demonstrates Perils of Being Underinsured/Uninsured, Says RMS January 24, 2019 By L.S. Howard Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap January 24, 2019 By L.S. Howard The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues...
In Reversal, Flood Insurance Program Resumes Normal Operations During Shutdown December 28, 2018 Last Friday evening, the Federal Emergency Management Agency (FEMA) announced that the National Flood Insurance Program (NFIP) will resume the...
Insurance, Banking Groups Balk at Limits on Flood Insurance Operations During Shutdown December 27, 2018 By Andrew G. Simpson As indicated by a report by Insurance Journal over the holidays, the Federal Emergency Management Agency (FEMA) is limiting the...
Democrats’ Climate Change Concern Ebbs When Congress Faces Flood Insurance November 30, 2018 By Christopher Flavelle and David Schultz A Congressional stalemate over flood insurance highlights the difficulty of enacting the type of reforms urged last week in a...