For half a century, a federal program has covered most at-risk properties. Now, a private company is pitching a plan to ...

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 ...

With a federal government shutdown looming, a coalition of 12 organizations representing the housing and insurance sectors has sent a letter to Congress, urging an extension of the National Flood ...

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in areas prone to flood damage. FEMA oversees the program and writes the terms of the ...

Recovery efforts in Washington underscore the need for alignment between NFIP's mandate framework and FEMA's modernized risk assessment model. Updating mortgage requirements to reflect individualized ...

America's National Flood Insurance Program (NFIP) is authorized to operate until 11:59 p.m. on March 14, 2025. To prevent a lapse in the program, Senator John Kennedy introduced a bill (S.824) on ...

Congress created the National Flood Insurance Program in 1968 as a way for the federal government to bear a risk that private companies wouldn’t. Since then, Uncle Sam has backed the vast majority of ...

Hurricane Milton, a monstrous storm set to hit western Florida Wednesday night, is poised to deplete the finances of the government’s chronically indebted flood insurance program. Congress is already ...

With the passage of the most recent spending deal this past September, Congress passed a short-term extension of the NFIP, leaving open the possibility that the NFIP will lapse in a few weeks. If the ...

As a key government funding deadline of March 14 fast approaches, Republicans in the Senate are aiming to reauthorize the National Flood Insurance Program (NFIP), again putting the program’s funding ...

Pursuant to this authority, FEMA enters into a standard Financial Assistance/Subsidy Arrangement (Arrangement) with private sector property insurers, also known as Write Your Own (WYO) companies, to ...