Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood coverage from admitted private insurers would never exist. …
Federal Emergency Management Agency officials who oversaw the reconstruction of Puerto Rico’s electrical grid and the former president of Cobra Acquisitions were arrested on fraud and conspiracy charges linked to recovery efforts from Hurricane Maria, according to federal prosecutors. FEMA’s …
Tropical Storm Dorian is about to sideswipe Puerto Rico and the U.S. Virgin Islands. And if you live on Florida’s east coast, it may be time to start gathering supplies. Chances are increasing that the storm will approach Florida bringing …
The Federal Emergency Management Agency (FEMA) has awarded more than $2.7 million to Orange County through the Texas Division of Emergency Management to fund a project to acquire and demolish 20 structures impacted by flooding from Hurricane Harvey that may …
The fate of a Mississippi River levee that’s awaiting a decision on federal accreditation could put a southern Illinois village at risk of destructive flooding, the village president says. If the levee in Prairie du Rocher loses Federal Emergency Management …
The heating and air conditioning in Carrie Johnson’s home – damaged by Hurricane Matthew in 2016 – still wasn’t fixed when Hurricane Florence flooded her house last September. Now, her home of over 50 years is gutted, the flooring and …
Hundreds of federally funded flood disaster assistance projects in West Virginia are behind schedule. The Intelligencer reports it’s been more than a year since the flood damage was declared a disaster, yet about 43 percent of the road repair projects …
Tennessee Gov. Bill Lee is asking President Donald Trump’s administration to make federal assistance available for government efforts to address recent flooding and storms, citing a $151.3 million impact through local and state emergency responses, and infrastructure and road damage. …
Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but could drive up costs for some homeowners. The changes being …
Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. …
