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You don’t have to live in an area prone to flooding to benefit from flood insurance. Nearly every U.S. county experienced a flood event over the past 20 years, according to FEMA. Standard home ...
Championed by President Lyndon B. Johnson, the National Flood Insurance Program, or NFIP, was created by the National Flood Insurance Act of 1968, after disillusioned private insurers abandoned ...
The National Flood Insurance Program, or the NFIP, needs to be reauthorized by Congress by the end of September so that home buyers can close on their homes with new policies.
A primary worry for insurance experts and homeowners is the looming expiration of the National Flood Insurance Program (NFIP), which provides federally-backed flood insurance to 4.7 million Americans.
Steve Patterson, mayor of Athens, Ohio, representing the National League of Cities, noted that since 2017, the NFIP's authorization has been extended 28 times, all on a short-term basis.
He said most of the flood insurance policies, about 90%, are through FEMA's National Flood Insurance Program. However, about 12 private companies offer flood insurance.
Orice Williams Brown talked about the history of the National Flood Insurance Program and recent changes made to the program in the wake of Hurricanes Katrina and Sandy. He also discussed the ...
The National Flood Insurance Program doesn't work well. Maybe it did years ago, but not anymore. The proof: Lawmakers have had to temporarily extend the foundering program 11 times in the last 18 ...
The federal flood insurance program is on track to run out of money to pay claims during the week of Oct. 23. ... One reason for the gap is the high cost of government's national flood insurance ...
367 Views Program ID: 298703-5 Category: Call-In Format: Call-In Location: Washington, District of Columbia, United States First Aired: Mar 28, 2011 | 9:21am EDT | C-SPAN 1 ...