With home insurance costs now outpacing both inflation and auto rate increases, more people than ever are shopping for new ...
FEMA, which manages the flood-insurance program, said the two hurricanes as of Feb. 6 had led to more than 78,000 claims, with estimated losses possibly topping $10 billion. FEMA is able to borrow ...
Neptune Flood, a provider of private flood insurance in the United States, has unveiled a roadmap for transitioning National ...
Neptune Flood Research Group has released its February report detailing the path towards an efficient free market for flood insurance.
When Jonathan McKernan faces the Senate Banking Committee on Thursday for his confirmation hearing to lead the Consumer ...
Expectation that we can build in high-risk areas and count on others to pick up the tab when disaster strikes is ...
WFTV Orlando on MSN10d
Flood Program Borrows $2B After Storm ClaimsFEMA is borrowing funds to cover flood insurance claims after Hurricanes Helene and Milton caused widespread damage, ...
Insurers can falter, premiums may fall short and, ultimately, the financial burden shifts to homeowners and taxpayers.
95% of NFIP policies meet private market underwriting standards. 1M-1.4M NFIP policies (35-45%) could pay lower rates in the private market relative to their current premiums. 1.4M-1.9M NFIP ...
As home insurance gets more costly and availability drops in California and Florida, experts debate whether a national system ...
Oregon's insurance commissioner urges residents and businesses to purchase flood insurance before spring rains, noting that ...
Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining ...
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