Contained within the FEMA Review Council’s final report is perhaps one of the most important and far-reaching changes for the Sunshine State – a proposal to jettison National Flood Insurance Program …
The New York Times reports that private flood insurance provider Neptune Flood has proposed to White House officials that the private sector could take over a vast majority of policies from the beleaguered …
The federal flood insurance program faces yet another shutdown at month’s end, a new bill in Congress would end the penalty for switching to private flood insurance, and Hurricane Melissa data …
While the longest government shutdown in US history has finally ended, there are still issues reverberating throughout many industries. Particularly in low-lying Florida, federal flood insurance coverage lapses from the shutdown left many …
Floridians are left unable to renew their federal flood coverage mid-shutdown, players in the private flood insurance market say they’re ready to take over that flood risk and write often less-expensive policies, and a …
The federal shutdown has sweeping effects on FEMA, the federal flood insurance program lapse is impacting home sales, while Florida’s Congressmen continue the push for long-term reforms to that program with two new bills requiring …
Bills filed in Congress would provide a tax break for those buying flood insurance, in a move to improve nationwide flood coverage, plus FEMA touches down in Fort Myers Beach for …
The National Flood Insurance Program (NFIP) could be getting a huge overhaul under a package of bills from Florida Senator Rick Scott, and a new tool could help Florida homeowners weather flood risks …
A recent update to an ongoing analysis of chronically-flooded properties shows that their numbers are increasing in the US and Florida while the number of those properties insured under the National Flood Insurance Program (NFIP) has …
Although we are seeing a leveling off of reinsurance costs as of the January 2024 renewals, Congress has initiated legislation to stem reinsurance prices. A bill introduced in Congress last week would establish a federal …
