The proposed legislation, called the Flood Loss Offset and Affordability Tax Credit, or FLOAT Act, is co-sponsored by ...
Hurricane Milton is estimated to have caused total insured losses of between $17 billion and $28 billion, CoreLogic has said, ...
The NFIP’s current debt stems largely from its inability to fully cover claims from major disasters such as Hurricane Katrina ...
Another estimate for insurance and reinsurance industry losses from hurricane Milton has been released, with Verisk saying it ...
Moody’s RMS Event Response has estimated that total private insurance industry losses from hurricane Milton will fall between ...
Catastrophe bonds issued by the U.S. National Flood Insurance Program (NFIP) fell sharply on Friday, according to a weekly ...
The National Flood Insurance Program (NFIP) will be in the spotlight given the huge storm-surge forecasts for Tampa as a ...
While our neighbors in the southeast of the country continue to evaluate the damage of recent hurricanes Milton and Helene, a ...
Over 40% of the flood claims the National Flood Insurance Program received between 2015 and 2019 came from low-to-moderate flood-risk regions, according to FEMA. Here’s what you need to know ...
The insured losses include damage covered by private policies as well as the National Flood Insurance Program (NFIP), the federal program that accounts for 95% of the flood insurance policies in ...
Some National Flood Insurance Program policyholders in Florida may be able to renew their policy to receive coverage for ...
The percentage of properties in coastal SC counties insured through the National Flood Insurance Program or NFIP is lower now ...