federal flood insurance News

Can Federal Flood Insurance Handle Irene Losses?

The only thing worse than getting flooded out of your home once is getting flooded out of it twice. Or, for that matter, over and over again. Margaret Wert bought her Wayne, New Jersey house in 1999, relying on assurances …

Don’t Kill Flood Insurance Program, Insurers Tell Congress

Closing the federal flood insurance program would put millions of homeowners at risk and cost taxpayers billions of dollars, insurers are warning after a Republican lawmaker filed legislation to eliminate the federal program. “Eliminating the National Flood Insurance Program is …