federal flood News

Senate Approves Government Funding, Disaster Aid Bill

The U.S. Senate approved a deal Monday to avert a government shutdown, ending a standoff that highlighted a dysfunctional Congress’ trouble in passing even the most basic legislation. “We’ve averted a disaster — until the next one,” said Democratic Senator …

Mortgages At Risk If Flood Insurance Program Expires

The federal program that insures homes against flood damage expires next Friday and is at risk of not being renewed, even as an early fall storm threatens to inundate much of the northeastern United States yet again. Industry executives say …

Business Groups Back Expanding Federal Flood Insurance Options

Expanding a federal program that is already $17 billion in debt might seem like a non-starter of an idea on budget-sensitive Capitol Hill these days. However the idea is included in a Republican-drafted reform of the National Flood Insurance Program …