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In another step shifting risk to private markets, the Federal Emergency Management Agency (FEMA) said it intends to secure additional reinsurance for the National Flood Insurance Program (NFIP) ...
A typical premium charged by the National Flood Insurance Program is slated to rise about 8 percent in the coming year, with the estimated average premium going from $866 to $935. When various ...
Advocates who have been pushing for renewal of the U.S. federal flood insurance programs in the wake of last year's devastating hurricanes and floods praised Congress for extending the program ...
Reform of the National Flood Insurance Program remains an unresolved issue. Congress must reauthorize the debt-ridden Federal Emergency Management Agency-managed program by March 23. It already has ...
With the National Flood Insurance Program (NFIP) currently set to expire on Feb. 8, and many communities still recovering from this summer's hurricanes, it's no surprise that the 21st Century Flood ...
Neptune Flood, a digital startup private flood insurance provider, has secured $2 million in seed round funding and has plans to "aggressively expand" nationwide by offering its platform to carriers, ...
The Federal Emergency Management Agency (FEMA) has completed a reinsurance placement with 28 private reinsurers to help the National Flood Insurance Program (NFIP) recover losses it may have to pay ...
The Federal Emergency Management Agency said it plans to submit a claim to recover $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. FEMA also is working to nail down a new ...
The House of Representatives on Tuesday voted 237-189 to pass the 21st Century Flood Reform Act (H.R. 2874), a package of seven bills that reauthorizes the National Flood Insurance Program (NFIP) ...
The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business and environmental groups renewed their push on Wednesday for lawmakers to ...
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