The Treasury Department loaned the flood program $2 billion to pay claims, likely raising costs for policyholders. The federal program that provides most of the nation’s flood insurance has run out of ...

(AP) - Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home ...

Bordering Long Island and Queens, the Rockaways is a part of New York City that is all too familiar with flooding. In 2012, coastal flooding caused by Hurricane Sandy decimated the area, leaving ...

The National Flood Insurance Program, a public insurance program sponsored by the federal government insures 4.7 million policyholders and protects more than $1.28 trillion in assets. Congress has ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Congress created the National Flood Insurance Program in 1968 as a way for the ...

July 24--As Congress works out the differences in several bills to reauthorize the National Flood Insurance Program, a local flood insurance expert says lowering the number of properties that put in ...

Minus congressional action, a national insurance program won’t be able to issue new policies. Lawmakers in both chambers are eyeing an extension of the National Flood Insurance Program as agencies ...

Feb. 17 (UPI) --The Federal Emergency Management Agency says its National Flood Insurance Program was forced to borrow $2 billion to help pay claims following Hurricanes Milton and Helene to help ...

As part of the latest deal to avoid a government shutdown, Congress passed a yearlong extension of the 2018 farm bill, which expired earlier this year. And while bipartisanship in Washington can be ...

On Sept. 17, 2025, the Housing and Insurance Subcommittee of the House Financial Services Committee held a hearing on the reauthorization of the Terrorism Risk Insurance Act of 2002. The act began as ...