The Treasury Department loaned the flood program $2 billion to pay claims, likely raising costs for policyholders. The federal program that provides most of the nation’s flood insurance has run out of ...
Bordering Long Island and Queens, the Rockaways is a part of New York City that is all too familiar with flooding. In 2012, coastal flooding caused by Hurricane Sandy decimated the area, leaving ...
(AP) - 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 ...
The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
The National Flood Insurance Program, a public insurance program sponsored by the federal government insures 4.7 million policyholders and protects more than $1.28 trillion in assets. Congress has ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Congress created the National Flood Insurance Program in 1968 as a way for the ...
Minus congressional action, a national insurance program won’t be able to issue new policies. Lawmakers in both chambers are eyeing an extension of the National Flood Insurance Program as agencies ...
Virginia's state budget impasse is casting a shadow over a new state program that this year resulted in a 19.5% reduction in the cost individuals pay for health insurance. The program uses state funds ...
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