No new or renewed policies during the lapse; FEMA says valid claims will still be paid with available funds. NAR estimates about 1,300 property sales per day—roughly 40,000 closings a month—could be ...
The National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
(AP) - 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 ...
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Average flood insurance claims now exceeding $32,000
Average flood insurance payouts climbing above $32,000 change the stakes of how you think about water risk at home. Instead of a nuisance add‑on to your homeowners policy, flood coverage now sits much ...
Buyers of homes in flood zones could be encountering unexpected hurdles this week: The government shutdown that took effect on Wednesday also has suspended the National Flood Insurance Program’s ...
The National Flood Insurance Program's authorization expired due to a government funding standoff. Existing policyholders are still covered, but new policies and some renewals are not a given. The ...
The National Flood Insurance Program's reauthorization is tied to a potential government shutdown, with a deadline of Sept. 30. An expiration of the program would halt new policies, potentially ...
It's the middle of hurricane season, and meteorologists say we've been lucky so far. Of the nine named storms and three hurricanes that have formed this season, only one short-lived tropical storm has ...
Louisiana residents are on pace to face dramatically more flood-related losses in 2024 than they did a year ago.
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