Don’t Focus Only on Hurricane’s Category

Here's a troubling phrase hurricane forecasters hate but often hear: "It's just a Category 1. Nothing to worry about." Or even worse: "Tropical storm? Just some wind and rain." But look at Hurricane ...

FEMA Adds Nearly $620M to Reinsurance Program

FEMA announced that the agency is transferring $619.5 million more of the National Flood Insurance Program's financial risk to the private reinsurance market as part of its 2024 reinsurance ...