The Treasury Department loaned the flood program $2 billion to pay claims, likely raising costs for policyholders. The federal program that provides most of the nation’s flood insurance has run out of ...
Bordering Long Island and Queens, the Rockaways is a part of New York City that is all too familiar with flooding. In 2012, coastal flooding caused by Hurricane Sandy decimated the area, leaving ...
(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 ...
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 ...
The nation’s largest flood insurance program – managed by the federal government – has been expired for more than a week, possibly leaving thousands of homeowners in limbo. The National Flood ...