Tag Archives: flood

Bad news for homeowners with a flood insurance policy—for the majority of homeowners in flood zones, rates are more than likely going to go up when the policy renewal time comes around.  Starting October 1, 2021, the Federal Emergency Management Agency (FEMA) switched to a new risk rating system colloquially known ...

According to new research, the negative, lasting effects of redlining practices include an increased chance of water damage to homes in historically impacted areas.

During a time of increased mortgage delinquencies, storm surges can have an even more devastating effect on those who are underinsured, experts say.

The new report details several areas of customer frustration related to the NFIP that warrant a systemic solution.

FEMA transferred the National Flood Insurance Program’s flood risk to the capital markets through the issuance of its third catastrophe bond transaction

According to new research from Rice University, government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs.

As the Pearl River reaches historic levels, Jackson, Mississippi residents prepare their homes for impending damage.

Here's why the future of the National Flood Insuance Program and private flood insurance depends on data and technology.

The newest reinsurance covers portions of NFIP losses above $4 billion from a single flood event. Click through to read more on the announcement.

Here's why experts some experts have expressed confusion about the most recent short-term extension of the National Flood Insurance Program.