Some flood-prone homeowners could see big rate hikes when FEMA launches new flood insurance rates in October, First Street Foundation study shows. Hotspots ranked Start the day smarter ☀️ ...

Why are flood insurance rates increasing? FEMA has overhauled its system for setting premiums under a program called Risk Rating 2.0.

FEMA says its new rates better reflect the risk from more intense and frequent rain and floods. The increase could make housing unaffordable for some in the most flood-prone areas.

Less than 5% of homes in the county's FEMA floodplain had flood coverage, well below the national average. Uptake was even ...

Flood insurance rates are spiking for many, to account for climate risk FEMA says its new rates better reflect the risk from more intense and frequent rain and floods.

With its new risk assessment system, Risk Rating 2.0, FEMA is using updated methods to generate more accurate rates that better align the cost of flood insurance with risk.

FEMA’s flood insurance program, which is $20.5 billion in debt, has long subsidized the cost to rebuild by not charging rates that properly reflect a home's risk ...

Flood insurance rates are set by the National Flood Insurance Program (NFIP), which is run by FEMA, and the new rates are part of a major overhaul to that program billed as “Risk Rating 2.0. ...

Mary Jordan worries her flood insurance might rise because of a new federal pricing system.Under the Federal Emergency Management Agency’s new rate system, flood insurance rates for 85% of ...

BOSTON — Tens of thousands of property owners in Massachusetts could be hit with higher flood insurance premiums under a new federal rating system that anticipates increased flooding and storms ...

FEMA says its new rates better reflect the risk from more intense and frequent rain and floods. The increase could make housing unaffordable for some in the most flood-prone areas.