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 ☀️ ...

FEMA’s maps are essential tools for identifying flood risks, but they have significant gaps that limit their effectiveness.

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 ...

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 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 ...

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.

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

NFIP rates were developed 50 years ago, based on simple Base Flood Elevations and designating lines on a Flood Insurance Rate Map for Special Flood Hazard Areas, ...