flood insurance News

South Dakota Landlord Worried by Slow Flood Insurance Relief

Despite the passage of a federal policy to ease spikes in flood insurance rates, implementation lag time is leaving at least one South Dakotan in a lurch. Two of Cory Gollnick’s seven rental properties in Aberdeen have or will see …

Flood Insurance Premium Delay Temporary for 60K New Yorkers

For Gay Alexander, Superstorm Sandy “is not over,” she says, her voice cracking as she speaks about the cost for flood insurance on her damaged, waterfront Long Island home. The single mother of two doesn’t have the money to fix …

Flood Insurance a Requirement for Louisiana FEMA Grant

The Federal Emergency Management Agency is providing a grant to help pay for the elevation of 16 houses Jefferson Parish. The grant covers about $2.1 million of the estimated $2.7 million total cost of the project. FEMA officials say elevating …

Kansas County to Get Flood Insurance Update

Douglas County commissioners will hear a presentation about the impact of changes taking effect next year in the National Flood Insurance Program. The Lawrence Journal-World reports the changes could affect the premiums paid by some property owners in the northeast …

Insurance Chief Asks FEMA to Waive Rule for University of Iowa

Iowa’s insurance commissioner is backing the University of Iowa in a dispute with the federal government over how much insurance the campus must carry after rebuilding from the 2008 flood. Insurance Commissioner Nick Gerhart has asked the Federal Emergency Management …

Louisiana Flood Rate Fight

Steep rate increases for flood insurance are hitting homeowners and businesses across south Louisiana, and state officials and business leaders warn the increases could severely damage local economies. Despite the calls for alarm, Gov. Bobby Jindal has largely stayed quiet …

Governor Tours Southern Colorado Flood Damage

Gov. John Hickenlooper and other state and city officials toured parts of Southern Colorado on Monday to get an update on damage from this summer’s flash flooding. The tour covered areas hit hardest by the flooding in Colorado Springs and …

Ceres Report Highlights Rising Taxes Due to Climate Change

A new Ceres report documents rising taxpayer costs to federal programs that provide flood insurance, crop insurance, wildfire protection and disaster relief. Some extreme weather-prone states such as Florida and Texas are also facing more acute financial exposure. The report, …

Flooded Colorado Businesses Struggle Without Insurance

More than 20 businesses hit by flooding in Manitou Springs, Colo., are struggling because of a lack of insurance. City officials say some of the businesses that suffered losses in Friday’s devastating flood did not have flood insurance because they …

Flood of Legal Questions Now Roils Sandy Survivors

First they needed blankets and generators. But before long, many of Superstorm Sandy’s bedraggled survivors also needed a lawyer. Thousands of people with damaged homes and businesses have sought help with legal headaches ranging from fights with building contractors to …