National Flood Insurance Program News

FEMA Has Most New Jersey Flood Insurance Claims Settled

The Federal Emergency Management Agency says it has settled 96 percent of the post-Superstorm Sandy National Flood Insurance Program claims in New Jersey.The agency says that as of Tuesday, there had been 74,825 claims filed and 70,689 had been closed.

Connecticut Receives $250M in Federal Sandy Aid

Connecticut’s governor says more than $250 million in federal assistance has been approved to help people and businesses affected by Superstorm Sandy. The aid was made available after President Barack Obama approved a disaster declaration for the state in the …

Ohio Marks 1913 Flood Centennial, Warns of Dangers

State officials are using the 100th anniversary of a devastating and deadly flood to encourage Ohioans to prepare for potential high water emergencies by reviewing their response plans and insurance coverage. On the heels of the state and national Flood …

N.J. Poll: Rules Needed for Rebuilding After Superstorm

A new poll finds most New Jersey voters surveyed believe the state should impose specific rules on property owners who are rebuilding after Superstorm Sandy.The Fairleigh Dickinson-PublicMind poll from March 19 found that 64 percent of respondents believe property owners …

Penn. Regulators Urge Consumers to Consider Buying Flood Insurance

The Pennsylvania Insurance Department is encouraging homeowners to consider buying flood insurance to help protect against potential spring floods. Winter ice and snow increases the chance of spring flooding, Pennsylvania regulators warned. Further, Pennsylvania is one of the most flood-prone …

Dunes vs. Property Rights in Storm-Battered New Jersey

The sand dune that ruined Harvey and Phyllis Karan’s view of the ocean allowed their beachfront home to see another day when Superstorm Sandy’s surge crashed ashore. They still want the $375,000 a court awarded them for the blocked sunrise, …

Mainers Urged to Consider Flood Insurance

State officials are urging Mainers to consider buying flood insurance if their home or business is located close to a body of water. The Maine Floodplain Management Program says standard home- and business-owners’ insurance policies do not cover flood-related damages. …

FEMA: $2.7B Paid Out in New Jersey Flood Insurance Claims Post-Sandy

The Federal Emergency Management Agency says it has made $2.7 billion in flood insurance payments to New Jersey claimants since Superstorm Sandy hit the state last October.The agency also announced Tuesday that it has approved $367.3 million overall in grants …

Legislators Propose Stretching Out NFIP Rate Hike Timeline to Assist Sandy Victims

A group of U.S. representatives from New York is proposing a bill that would stretch out the National Flood Insurance Program’s premium increase timeline. On Monday, U.S. Reps. Michael G. Grimm (R-N.Y.), Gregory Meeks (D-N.Y.), Charles B. Rangel (D-N.Y.), Eliot …

Sandy-Damaged Homes Hit Market at Bargain Prices

It sounds like the premise for a new reality TV series: “Hurricane House” — people scouring waterside communities looking to buy homes damaged by Superstorm Sandy at a deep discount. While there are bargains out there, ranging from 10 percent …