The National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
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 ...
Buyers of homes in flood zones could be encountering unexpected hurdles this week: The government shutdown that took effect on Wednesday also has suspended the National Flood Insurance Program’s ...
The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
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.
Inland areas have suffered severe flooding in recent years, experts note. And standard homeowner policies don’t cover flood damage. By Ann Carrns With the Atlantic hurricane season about to start, ...