Flood Insurance News

Franklin, Indiana, Faces Big Change in Flood Plain Maps

Hundreds of homes and businesses in a central Indiana city hit hard by flash flooding seven years ago could face hefty jumps in their insurance costs if updated federal flood plain maps are approved. About 70 percent of Franklin’s industrial …

FEMA’s Sandy Flood Insurance Review Taking Longer Than Expected

The Federal Emergency Management Agency’s review of Superstorm Sandy flood insurance claims is taking longer than expected, with fewer than 200 checks issued. FEMA announced in March the review for as many as 142,000 claims after homeowners complained they were …

N.Y. Sen. Gillibrand Calls for More Transparency in NFIP Claims Process

U.S. Sen. Kirsten Gillibrand, D-New York, is announcing legislation to require the Federal Emergency Management Agency to be more accountable to property owners who file claims. Gillibrand says many New Yorkers whose homes were damaged or destroyed during Superstorm Sandy …

N.J. Lawmakers: FEMA Maps May Have Exaggerated Flood Risk Across State

New Jersey’s Congressional delegation members sent a letter to the Federal Emergency Management Agency (FEMA) on Oct. 23, expressing “significant concerns with the methodology” of the Flood Insurance Rate Maps (FIRMs) for New Jersey. In a letter to FEMA Administrator …

FEMA Urges Californians to Buy Flood Insurance Ahead of El Nin᷈o

Federal emergency officials are urging Californians to buy flood insurance – even those who don’t live near creeks or rivers – as El Nin᷈o conditions get underway in the Pacific Ocean, increasing chances for heavy storms this winter. Roy Wright, …

ICT: Less than 25% of Texas Homeowners Carry Flood Insurance

Most Texas homeowners are unprotected when it comes to flood damage, a state insurance trade group says. Less than 25 percent of Texas homeowners carry flood insurance despite the risks of massive downpours that could occur in certain flood prone …

New England Flood Insurance Launches Flood Coverage for Homeowners

New England Flood Insurance (NEFI) is now offering flood insurance to homeowners in New England. Coverage is underwritten by NEFI and backed by an A rated carrier and is not affiliated with the National Flood Insurance Program. NEFI will use …

N.Y. Assemblyman Seeks to Build Coalition to Fix ‘Broken’ NFIP

New York State Assemblyman Phil Goldfeder (D – Rockaway Beach) is reaching out to congressional representatives in Mississippi and Louisiana communities hardest hit by Hurricane Katrina in 2005 to encourage collaboration on reforming the National Flood Insurance Program (NFIP). Goldfeder …

FEMA Extends Deadline for Requesting Sandy Claims Review to Oct. 15

The Federal Emergency Management Agency (FEMA) announced a 30-day deadline extension for National Flood Insurance Program (NFIP) policyholders who are considering requesting Superstorm Sandy-related payment reviews. The announcement means the initial Sept. 15 deadline has now been formally extended to …

Homes, Vehicles Flooded in Sioux Falls

More than half a foot of rain fell in parts of Sioux Falls, S.D., leading to flash flooding that inundated basements, stranded dozens of motorists and cut electricity to thousands of homes. Mayor Mike Huether said infrastructure improvements in recent …