While properties in Louisiana are most at-risk of flooding, an analysis of FEMA and Value Penguin data concluded that West Virginia had the highest percentage of homes that would be impacted in a 100-year storm.
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A recent Senate Banking Committee hearing discussed the impending expiration of the NFIP, a measure that provides $1.3+ trillion in coverage to nearly five million homes and businesses. What can be done to enhance the Program and ensure it continues to meet homeowners’ needs?
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CoreLogic reports that nearly 33 million U.S. properties may suffer the impact of hurricane-force winds, and 7.8 million could face storm surge damage in what is predicted to be a “severe” hurricane season.
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