government shutdown 2018 News

In Reversal, Flood Insurance Program Resumes Normal Operations During Shutdown

Last Friday evening, the Federal Emergency Management Agency (FEMA) announced that the National Flood Insurance Program (NFIP) will resume the normal sale of new insurance policies and the renewal of expiring policies. This order rescinded an earlier decision that halted …

Insurance, Banking Groups Balk at Limits on Flood Insurance Operations During Shutdown

As indicated by a report by Insurance Journal over the holidays, the Federal Emergency Management Agency (FEMA) is limiting the authority of the nation’s flood insurance program to issue new and renewal policies during the federal government shutdown. The insurance …

What Government Shutdown Means for P/C Insurance Industry

The property/casualty insurance industry is not immune to any economic effects the federal government shutdown may bring but since the industry is largely regulated by the states, not Washington, the impact on the industry of federal workers not going to …