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 ...
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...
Louisiana could be hit especially hard if the National Flood Insurance Program (NFIP) is allowed to expire at the end of the month. The program, which provides federally backed flood coverage to ...
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 ...
More than 4.7 million homeowners depend on the National Flood Insurance Program (NFIP) for financial protection against flooding, covering roughly $1.3 trillion in property value. But when the ...
The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways ...
Congress did not reauthorize the National Flood Insurance Program (NFIP) by the Tuesday deadline, according to the Louisiana Department of Insurance. Until the program is reauthorized, NFIP ...
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