Louisiana officials and federal lawmakers are warning that a lapse in the National Flood Insurance Program could freeze real estate sales, disrupt renewals for hundreds of thousands of policyholders, ...
If the government shuts down as expected on Wednesday, the National Flood Insurance Program (NFIP) will no longer be able to issue new policies or renewals, which could cause headaches for homeowners ...
The National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home sales in ...
When D.C. gridlock froze the federal flood insurance program, one Florida startup saw an opening. Neptune Insurance Holdings made its Wall Street debut on Oct. 1 — the same day the government shutdown ...
The National Flood Insurance Program's authorization expired due to a government funding standoff. Existing policyholders are still covered, but new policies and some renewals are not a given. The ...
The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
No new or renewed policies during the lapse; FEMA says valid claims will still be paid with available funds. NAR estimates about 1,300 property sales per day—roughly 40,000 closings a month—could be ...
Only homeowners living in communities that opt into the National Flood Insurance Program (NFIP) can buy federally backed flood insurance, and nearly 200 Missouri communities have chosen to go without ...
Only about 7% of homes in Texas have flood insurance.
Recovery is underway after Arthur damaged hundreds of homes in Mississippi. However, many families face the costs with ...
Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home sales in ...