Sacramento remains one of the most flood-prone areas in the country, with significant development and construction taking place in historic floodplains despite ongoing efforts to shore up protections.
The National Flood Insurance Program expired, leaving homeowners unable to renew or purchase new policies during the government shutdown. A proposed bill would reauthorize the program for five years ...
The government shutdown has halted the National Flood Insurance Program, blocking new policies and renewals for 4.7 million policyholders including 180,000 Californians. Up to 1,400 home sales per day ...
A federal government shutdown has halted the issuance of new National Flood Insurance Program policies. Private flood insurance is filling the gap, allowing real estate transactions to continue.
The government-backed National Flood Insurance Program stopped writing new policies on Oct. 1 and can't resume until it's reauthorized by Congress. That may force buyers to postpone or cancel home ...
When D.C. gridlock froze the federal flood insurance program, one Florida startup saw an opening. Neptune Insurance Holdings made its Wall Street debut on Oct. 1 — the same day the government shutdown ...
Florida homeowners might soon find the state’s largest insurer against flood — the federal government — is getting out of the business, or significantly shrinking its role, according to a ...
Because Congress did not timely reauthorize NFIP prior to the shutdown, the program’s capacity to issue new policies, renew existing ones, or increase coverage was effectively frozen for the duration ...
With the government shut down, the National Flood Insurance Program is no longer writing new policies. That's created problems for homebuyers who need flood insurance. But it's a boon to private ...
A federal report recommends privatizing the National Flood Insurance Program, currently managed by FEMA. Florida has the most federal flood insurance policies in the nation, covering an estimated ...