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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Jennifer Johnson and her mother Steffi Cooper leave their flood damaged home in the Weatherhill Pointe neighborhood of Carrboro, N ...
The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
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 ...
NEW ORLEANS — Louisiana could be hit especially hard if the National Flood Insurance Program (NFIP) is allowed to expire at the end of the month. The program, which provides federally backed flood ...
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 ...
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Low-risk homes still paying about $628 a year for flood coverage
You may think your low-risk home buys you a break on flood coverage, yet many owners in moderate zones still pay roughly $628 a year to keep a policy in place. That bill lands on top of regular ...
The researchers say outdated climate information has lead to the program to assume flooding events don't happen as often as ...
YOUNGSVILLE, LA. (KLFY) — Flood insurance polices in Youngsville will receive a 10 % discount at renewal beginning April 1, ...
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