flood insurance News
N.J. Senator Pushes Delay to Flood Insurance Hikes
Peggy Molloy is not a millionaire. In fact, she's afraid she may soon have to stop paying the mortgage on her home at the Jersey shore and walk away from it. The Point Pleasant woman lives in an area ...
Florida Flood Policy to be Offered in Six Additional States
A Florida insurance agency that stepped forward last month to offer a private market stand-alone flood coverage policy in Florida has started marketing the policy in six other states. The ...
Insurance, Tax, Climate Groups Hit Proposed Delay in Flood Insurance Increases
The prospect of a delay in flood insurance reforms that are raising premiums for many homeowners is being met with pushback from business, taxpayer, climate and insurance groups. Rep. Maxine Waters, ...
Flood Insurance Jumping Sevenfold Depresses U.S. Home Values
Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood insurance premium would remain about the same. After reading recently about a ...
Will Biggert-Waters Save the Flood Insurance Program? No, It’s Not Even Close
The Biggert-Waters Flood Insurance Reform Act (Biggert-Waters) was enacted in 2012 with the goal of reforming and thereby saving the National Flood Insurance Program (NFIP). It is a well-meaning and ...
Flood Insurance Premiums Rising Along NJ Coast
Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from ...
La. Treasurer Suggesting State-Run Flood Insurance
Seeking a way to ease skyrocketing federal flood insurance rates, Treasurer John Kennedy suggested Wednesday that Louisiana should consider getting in the business of offering flood insurance ...
FEMA Chief Tells Senators He Can’t Delay Flood Insurance Rates
Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of property owners across the country. But the man in charge of ...