Sacramento remains one of the most flood-prone areas in the country, with significant development and construction taking place in historic floodplains despite ongoing efforts to shore up protections.
The National Flood Insurance Program expired, leaving homeowners unable to renew or purchase new policies during the government shutdown. A proposed bill would reauthorize the program for five years ...
Wealthy homeowners should be insured by the market.
A federal government shutdown has halted the issuance of new National Flood Insurance Program policies. Private flood insurance is filling the gap, allowing real estate transactions to continue.
The government-backed National Flood Insurance Program stopped writing new policies on Oct. 1 and can't resume until it's reauthorized by Congress. That may force buyers to postpone or cancel home ...
When D.C. gridlock froze the federal flood insurance program, one Florida startup saw an opening. Neptune Insurance Holdings made its Wall Street debut on Oct. 1 — the same day the government shutdown ...
With the government shut down, the National Flood Insurance Program is no longer writing new policies. That's created problems for homebuyers who need flood insurance. But it's a boon to private ...
Wasserman Schultz and Friedlander agree: The end of the national flood insurance could mean higher insurance costs. Currently ...
The study, published Tuesday in the Journal of Catastrophe Risk and Resilience, suggests that in the last few years, hundreds of thousands of Americans have dropped their flood insurance policies or ...