Loss Mitigation

As flood risk and damage from hurricanes increases, how can the National Flood Insurance Program adapt to the changes?

Coastal cities are at a high risk of chronic coastal flooding by 2050, according to a new report by Zillow.

The 2019 Five Star Disaster Preparedness Symposium welcomed industry leaders to New Orleans today to discuss takeaways and strategies for how the industry can best prepare for future disasters and assist impacted homeowners in the aftermath.

With this transaction, Fannie Mae has transferred to a panel of insurers and reinsurers additional credit risk beyond that absorbed by the lender repurchase obligation.

Senator Cindy Hyde-Smith is proposing an update to the National Flood Insurance Program (NFIP). Click through to find out how she says the NFIP can be changed for the better.

In this Video Spotlight, Axios Managing Editor Kim Hart discusses which cities have been hit hardest, and if abandoned and vacant homes are the next housing crisis.

While flood damage alone totaled at least $200 million, around $100 million in flood damage was uninsured.

Despite the high payouts from the National Flood Insurance Program, officials are still urging Florida homeowners, renters and business owners to contact their insurance agent and insure their properties from flooding.

Draper spoke to DS News about his 35+ year career in mortgage default, discussing his accomplishments and how the landscape has changed over the years.

Analysis by CoreLogic shows that 339,480 homes in Louisiana face the danger of flood damage due to Tropical Storm Barry.  The report states that 32.6% of homes in the state are located within a Special Flood Hazard Area (SFHA), and ...