MIAMI — Among those feeling the pain of the government shutdown are people in coastal areas and other locations where they need flood insurance. The government-backed National Flood Insurance Program ...
A federal government shutdown has halted the issuance of new National Flood Insurance Program policies. Private flood insurance is filling the gap, allowing real estate transactions to continue.
Recovery efforts in Washington underscore the need for alignment between NFIP's mandate framework and FEMA's modernized risk assessment model. Updating mortgage requirements to reflect individualized ...
The National Flood Insurance Program's reauthorization is tied to a potential government shutdown, with a deadline of Sept. 30. An expiration of the program would halt new policies, potentially ...
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Government Shutdown Freezes National Flood Insurance Program: What Homeowners and Buyers Need to Know
Did you know that because of the government shutdown, FEMA's National Flood Insurance Program is not available to new customers or people who want to increase their coverage? On March 15, Congress ...
Buyers of homes in flood zones could be encountering unexpected hurdles this week: The government shutdown that took effect on Wednesday also has suspended the National Flood Insurance Program’s ...
Nearly every county in the United States has experienced flooding in the past few decades, but just 4% of homeowners nationwide have flood insurance, according to the Federal Emergency Management ...
Extensive flooding has left thousands of Milwaukee area residents with property damage. Gov. Tony Evers has requested help from FEMA, but for now, many are wondering if insurance will help pay for ...
As the federal government’s shutdown entered the history books as the longest, private flood insurance is having a moment, filling a void as new policies are no longer being issued by the feds.
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