Most US homeowners insurance policies don’t cover flood damage, and the federally subsidized NFIP accounts for nearly 90% of ...
The Continuous Coverage for Flood Insurance Act is intended to let policyholders maintain qualifying private flood insurance ...
New paper provides crucial insights into how federal flood insurance reforms are directly affecting the affordability & security of coverage for families.
A group of the industry’s heavy hitters, including the Mortgage Bankers Association (MBA) and the American Bankers ...
A senior advisor at NAIC, the association of state insurance regulators, told attendees of its fall meeting that the imminent ...
Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home sales in ...
Money Digest on MSN
The average cost of flood insurance
For homeowners needing flood insurance, there are basically two options available to you: the government-backed NFIP and a private insurance add-on.
Policy drops, lawsuits and shutdowns spotlight NFIP vulnerabilities; experts call for subsidies, longer authorizations and reforms to protect Florida homeowners and markets.
EXCLUSIVE: As the Sept. 30 government funding deadline looms, the Trump administration is warning that millions of Americans could lose flood insurance coverage if Democrats refuse to back a ...
This column reflects the personal views of the author and does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Mark Gongloff is a Bloomberg Opinion editor ...
For more than a month, a lapse in funding froze Americans’ largest provider of flood insurance. The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn’t ...
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