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 ...
Jennifer Johnson and her mother, Steffi Cooper, leave their flood damaged home in the Weatherhill Pointe neighborhood of Carrboro after a visit on Tuesday, Aug. 19. Robert Willett ...
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 ...
As the NFIP faces expiration amid peak disaster seasons and a potential government shutdown, uncertainty looms for homeowners and insurers. States are increasingly taking resilience into their own ...
A Moody’s white paper released last week highlights growing concerns about flood insurance protection gaps  â€” apprehensions ...
As Congress negotiates a short-term deal to keep the government funded and avoid a shutdown on Oct. 1, homeowners might not be thinking about their flood insurance. But most flood insurance policies ...
Sacramento remains one of the most flood-prone areas in the country, with significant development and construction taking place in historic floodplains despite ongoing efforts to shore up protections.
It's the middle of hurricane season, and meteorologists say we've been lucky so far. Of the nine named storms and three hurricanes that have formed this season, only one short-lived tropical storm has ...