The average premium increase is 64% or $600 a year more, and in some states the rate would go up by more than $1,000, the ...
The House and Senate on September 25, 2024 passed legislation that would extend key parts of the National Flood Insurance Program (NFIP) until December 20, 2024. The extension is included in H.R. 9747 ...
Congressmen introduced the Retroactive Renewal and Reauthorization Act to the House Monday, with hopes to backdate the reauthorization of the insurance program.
If Congress does not reauthorize the National Flood Insurance Program (NFIP) by September 30, major parts of the program will expire—a lapse that could cause major problems in the mortgage industry.
With a federal government shutdown looming, a coalition of 12 organizations representing the housing and insurance sectors has sent a letter to Congress, urging an extension of the National Flood ...
WASHINGTON, D.C. - In a guest column in the Baton Rouge Advocate this week, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, discussed the need for Congress ...
As of Nov. 30, 98,667 National Flood Insurance Program (NFIP) claims were filed in 2024 — 74,272 of which were paid. Flooding is the most common disaster in the U.S. Despite this, the number of active ...
The National Flood Insurance Program (NFIP) cannot issue new flood insurance policies during a government shutdown. Existing NFIP policies remain valid if issued on or before September 30, 2025 and ...
Congress has until midnight Tuesday to extend a flood insurance program that covers nearly half a million Louisianans as a bitter showdown over the federal budget approaches a government shutdown on ...
Flood insurance coverage through the National Flood Insurance Program (NFIP) is currently suspended. Realtors are warning this could lead to a stall in home sales along the coasts, potentially ...
The federal government shutdown has suspended the National Flood Insurance Program, threatening 1,400 home sales daily across 22,000 communities. This halt could significantly disrupt the US housing ...
Media coverage of our massive king tides this month has been extensive and opened more eyes to worsening flood risk in Florida. But it’s mostly been overshadowed by even worse news: When two problems ...