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federal - Flood Insurance Consumer Information

Flood Insurance Consumer Information

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Entries Tagged ‘federal’

With federal flood insurance deep in the red, some states look to buy out high …

With federal flood insurance deep in the red, some states look to buy out high …News from AL.com: With the National Flood Insurance Program more than $ 20 billion in debt and a law that would increase premiums delayed for four years, some states are taking it upon themselves to buy up their highest-risk flood properties. New York [...]

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Spending Bill Delays Hike in Federal Flood Insurance

Spending Bill Delays Hike in Federal Flood InsuranceNews from Moneynews: Sharp increases in flood insurance premiums for many U.S. homeowners will be delayed for at least nine months under a provision of the $ 1 trillion government spending bill that was approved on Wednesday by the U.S. House of Representatives. The stop-gap measure provides temporary [...]

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Federal Flood Insurance Program Drowning In Debt. Who Will Pay?

Federal Flood Insurance Program Drowning In Debt. Who Will Pay?News from NPR: hide captionEven when a flood obliterates homes, as Superstorm Sandy did in 2012 in the Rockaway neighborhood of Queens, N.Y., the urge to rebuild can be strong. Spencer Platt/Getty Images Millions of American property owners get flood insurance from the federal government, and [...]

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After Sandy, federal flood insurance drawing renewed scrutiny

After Sandy, federal flood insurance drawing renewed scrutinyNews from Deseret News: Richard Thomas walks through the flood waters in front of his home after assisting neighbors as Hurricane Sandy bears down on the East Coast, Monday, Oct. 29, 2012, in Fenwick Island, Del. Alex Brandon, AP Enlarge photo» “When I started here, all there was [...]

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Is Federal Flood Insurance Defensible?

Is Federal Flood Insurance Defensible?News from Minyanville.com: MINYANVILLE ORIGINAL Superstorm Sandy facilitated the coming together of Americans in many ways. Of course, people from all walks of life banded together to contribute to recovery efforts in the tri-state area. Unexpectedly, the destruction wreaked in the fall has also brought together Americans from differing ideological spectrums. The [...]

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Hoboken Mayor Dawn Zimmer tells Congress federal flood insurance program …

Hoboken Mayor Dawn Zimmer tells Congress federal flood insurance program …News from The Jersey Journal – NJ.com: Hoboken Mayor Dawn Zimmer   Hoboken Mayor Dawn Zimmer told a U.S. Senate committee yesterday that the National Flood Insurance Program that was supposed to protect business owners and residents in her flood-ravaged city in the aftermath of [...]

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End Federal Flood Insurance

End Federal Flood InsuranceNews from New York Times: IT’S no surprise that it can be very expensive to live near the ocean. But it may come as a surprise to American taxpayers that they are on the hook for at least $ 527 billion of vulnerable assets in the nation’s coastal flood plains. Those homes [...]

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Few in the Northeast have federal flood insurance

Few in the Northeast have federal flood insuranceNews from McClatchy Washington Bureau: Insurance experts estimate that only 15 to 25 percent of at-risk properties in the Northeast U.S. are covered for flood damage provided by the National Flood Insurance Program. Hurricane Sandy caught many northeastern property owners unprepared, just as Hurricane Katrina’s storm surge left [...]

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Reform federal flood insurance program

Reform federal flood insurance programNews from TheDay.com: Losses associated with Hurricane Sandy’s arrival on the shore’s of the Northeast coast Monday will exacerbate the fiscal problems confronting the National Flood Insurance Program. This was a program crying out for reform even before the mega-storm hit. The federal insurance program is supposed to be self-sufficient, but [...]

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Federal insurance needed when private won’t work

Federal insurance needed when private won’t workNews from Jackson Clarion Ledger: Reset your password Enter your email and we will send you a link to reset your password. Email Reset my password Cancel OK Resend Email You must have browser cookies enabled to view our site. It’s possible that your browser cookies are turned off. [...]

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