February 22, 2021
Via: Insurance JournalIf the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program (NFIP), the NFIP rates would need to increase 4.5 times to cover the risk […]
February 2, 2021
Via: Insurance JournalAs of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. FEMA reported that 35% of Louisiana NFIP flooding claims came from […]
March 12, 2019
Via: Insurance JournalFlood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. […]
March 26, 2024
March 26, 2024
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