Two U.S. senators representing New York State, Sen. Charles Schumer and Sen. Kirsten Gillibrand, this week called on Federal Emergency Management Agency (FEMA) to extend the statute of limitations for Sandy victims seeking to legally challenge their flood insurance payout …
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 …
Five federal regulatory agencies are considering a rule that could boost sales of private flood insurance. The proposal would require lenders to accept private flood policies to satisfy the mandate that certain homebuyers in flood hazard areas purchase flood insurance. …
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 …
New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to “fully compensate” storm victims who had flood insurance claims denied because of a hard-to-understand rule barring payments for damage caused by earth …
Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from legislation passed in June 2012 that requires all flood insurance …
As the sun peaked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the state’s Front-Range for the …
Florida Insurance Commissioner Kevin McCarty is encouraging Floridians to make preparations now for the upcoming 2013 hurricane season by purchasing flood insurance. Flood insurance is administered through the National Flood Insurance Program (NFIP) and is available to homeowners, renters and …
The head of the Federal Emergency Management Agency said people who buy federal flood insurance need to plan for big rate hikes. FEMA director Craig Fugate said some people now paying hundreds of dollars a year could wind up paying …
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 …
