“While the NFIP’s (National Flood Insurance Program’s) premiums are usually sufficient to pay claims in years without ...
KEY TAKEAWAYS The recent L.A. wildfires have destroyed critical vegetation, which typically absorbs rainfall and prevents ...
Neptune Flood, a provider of private flood insurance in the United States, has unveiled a roadmap for transitioning National ...
Neptune Flood Research Group has released its February report detailing the path towards an efficient free market for flood ...
Southeast homeowners affected by the storms last fall submitted a combined over 78,500 flood insurance claims to the National ...
The U.S. Federal Emergency Management Agency (FEMA) has estimated the range for total losses paid by the National Flood Insurance Program (NFIP) stemming ...
Expectation that we can build in high-risk areas and count on others to pick up the tab when disaster strikes is ...
Standard home insurance doesn’t cover flood damage, but you can buy a flood insurance policy from the National Flood Insurance Program (NFIP) or directly from insurance companies. Most ...
A handful of residents interested in what the city’s role is in their individual flood insurance rates due to the city’s lack ...
“While the NFIP’s (National Flood Insurance Program’s) premiums are usually sufficient to pay claims in years without catastrophic floods, heavy rain events in 2024 — including hurricanes ...
95% of NFIP policies meet private market underwriting standards. 1M-1.4M NFIP policies (35-45%) could pay lower rates in the private market relative to their current premiums. 1.4M-1.9M NFIP ...