flood insurance News

Top Mississippi Officials Back Private Flood Insurance

Mississippi’s top insurance regulator and its only Democratic congressman are both ready to cede some of the federal flood insurance market to private insurers. Both Republican Insurance Commissioner Mike Chaney and U.S. Rep. Bennie Thompson say they’re open to proposals …

Private Insurers Could Gain Access to Federal Flood Program

Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to …

Parts of North Dakota Will Receive Updated Flood Maps

Federal officials say new flood maps for parts of North Dakota are expected to be released in early June. Federal Emergency Management Agency official Ryan Pietramali told the Minot Daily News that science and technology have improved the agency’s understanding …

Coastal Insurance Costs Increasing as Sea Level Rises

When Julia Lundblad lies in bed at night in her Titlow Beach, Wash., home, she can hear the water sloshing up under her house. It took some getting used to, but she loves it. And she said her neighbors are …

Many Still Reeling From Northwest Louisiana Flood a Year Later

Floods a year ago took everything from Vivian resident Gwen Smith. “I lost my home completely,” she said. Before the flood hit on March 9, 2016, Smith had lived most of her adult life in the mobile home. For two …

Council Bluffs Speeds Levee Improvement to Beat Deadline

Improvements to the Council Bluffs, Iowa, levee system continue step-by-step as city officials keep hoping it’s fast enough to beat federal government action that could cost homeowners a boatload of cash in flood insurance. This week, the city council approved …

Virginia Flood Damage Costliest Since Hurricane Isabel

Virginia suffered only a glancing blow from Hurricane Matthew last month when unprecedented amounts of rain fell, but on Wednesday officials estimated flood damage to be hundreds of millions of dollars, making it the costliest storm since Hurricane Isabel in …

Many Businesses Don’t Have Enough Insurance to Cover Disaster-Related Losses

A fire at the gun shop next door never reached Kathy Laurienti’s sausage and specialty food store, but the water and smoke damage was enough to shut her business down. Because Laurienti didn’t have enough insurance, it’s still closed – …

New FEMA Maps Could Mean More Tennessee Residents Get Flood Insurance

Thousands of property owners may have to purchase flood insurance for the first time as new flood maps go into effect next year in Davidson County, Tennessee. The Federal Emergency Management Agency last month finalized revised flood maps for the …

Lack of Flood Insurance Hinders Recovery for Many Hurricane Matthew Victims

Waist-deep floodwaters from Hurricane Matthew coursed down the street in Pooler and seeped under Lori Galemore’s doors, swamping the carpets and furniture as she and her three sons retreated upstairs, where they stayed until firefighters arrived by boat. Galemore and …