When Mitch Haddad and his brother began rebuilding their family’s oceanside restaurant in Marshfield, they decided to take no chances. The restaurant, which had been in the family for more than 70 years, routinely flooded – 25 times in 25 …
Homeowners worried that new federal flood maps will send their flood insurance premiums skyrocketing would get some short-term relief under a provision tucked into a massive government-wide funding bill. But other changes to the federal flood insurance program, including higher …
Peggy Molloy is not a millionaire. In fact, she’s afraid she may soon have to stop paying the mortgage on her home at the Jersey shore and walk away from it. The Point Pleasant woman lives in an area facing …
A bipartisan group of lawmakers is pressing for a four-year delay to changes to the federal government’s flood insurance program that are threatening to sock thousands of people with unaffordable premium hikes. The move comes as the government is beginning …
Just a year after Congress imposed significant changes in the government’s oft-criticized flood insurance program, howls of protest from homeowners facing higher premiums have coastal lawmakers pressing for delays that would preserve below-cost rates for hundreds of thousands of people …
Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do. The Federal Emergency Management Agency will release updated flood work maps for Atlantic, …
Some residents of New Jersey’s coastal towns may soon be required to purchase flood insurance, and not just because of the recent devastation wrought by Hurricane Sandy. By next year, the Federal Emergency Management Agency is scheduled to complete a …