Flood Insurance News

Mass. AG Proposes Limiting Amount of Mandatory Flood Insurance for Homeowners

In an effort to assist homeowners facing significant flood insurance increases due to FEMA’s updated and expanded flood zone maps, Massachusetts Attorney General Martha Coakley and the House Speaker Robert DeLeo have filed state legislation today to cap the amount …

Sandy Victims Get 6 More Months to File FEMA Doc

Victims of Superstorm Sandy still fighting for a bigger insurance payment from the companies that administer the federal flood insurance program are getting a six-month extension to file critical paperwork. The Federal Emergency Management Agency announced the decision Tuesday, even …

Sandy Victims Want Help With Insurers, Bureaucrats

The water came in torrents; the aid is being parceled out drip by drip. That was one of the main complaints voiced Monday by victims of Superstorm Sandy at a legislative hearing in Trenton, New Jersey, on the pace of …

Louisiana State Treasurer Suggests State-Run Flood Insurance Plan

Seeking a way to ease skyrocketing federal flood insurance rates, state Treasurer John Kennedy has suggested that Louisiana should consider getting in the business of offering flood insurance coverage to its residents. Kennedy said state officials should look at creating …

FEMA Chief Disappoints Senators, Says He Can’t Delay Flood Insurance Rates

Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of property owners across the country. But the man in charge of administering the program says he does not have the …

Heartbreak For Some In Colorado With No Flood Policy

Jessica Klauzer-Zimmerman and her children have been sleeping on friends’ couches since floodwaters sloshed into her Boulder townhouse – which wasn’t covered by flood insurance.”We were told we didn’t need it because we didn’t live on the flood plain,” said …

Louisiana Community ‘a Ghost Town’ a Year After Isaac

Isaac barely had hurricane-strength winds when it blew ashore southwest of New Orleans a year ago, but its effects are still apparent in coastal areas where it flooded thousands of homes. After landfall on Aug 28, 2012, Isaac stalled, dumping …

Terrebonne Parish President Urges Out-of-State Calls on Flood Insurance

A south Louisiana parish president is calling on residents to contact out-of-state relatives and friends to enlist help in the fight against projected drastic flood insurance costs. Changes to the National Flood Insurance Program could mean many thousands of people …

Stilt Houses in Greenwich, Conn., Foreshadow Impact of New Flood Maps

In the coastal areas of Greenwich, Connecticut, the latest housing craze requires hydraulic jacks, pylons and stilts. One home towers over its neighbors like a cruise ship. Others look like expensive tree houses. “People are stopping in to ask us …

Flooded Colorado Businesses Struggle Without Insurance

More than 20 businesses hit by flooding in Manitou Springs, Colo. are struggling because of a lack of insurance. City officials say some of the businesses that suffered losses in Friday’s devastating flood did not have flood insurance because they …