Non-compliant Properties Claim $1.4 Billion in Flood Damages
Despite a requirement for homes in certain flood-prone areas, FEMA receives tens of millions in claims annually. The post Non-compliant Properties Claim $1.4 Billion in…
Category: FEMA
Risks for Homeowners Outside FEMA Flood Zones
New data says more properties could be at risk for damage than initially estimated. The post Risks for Homeowners Outside FEMA Flood Zones appeared first…
National Flood Insurance Program Transition in Flux
FEMA and state legislators across the country are pushing for private flood insurers to get more involved in the marketplace in order to supplement the…
FEMA Delivers Update on NFIP Progress
The new report details several areas of customer frustration related to the NFIP that warrant a systemic solution. The post FEMA Delivers Update on NFIP…
FEMA Discusses Disaster Response and COVID-19
Natural disasters impact investors, service providers, mortgage servicers, government agencies, legal professionals, lenders, property preservation companies, and homeowners. Here’s how the Agency is preparing to…
FEMA Sending Additional $38M to Puerto Rico
The Federal Emergency Management Agency funds will be used for 116 projects related to the recovery and reconstruction of Puerto Rico. The post FEMA Sending…
NFIP Issued $400m in Reinsurance Protection
FEMA transferred the National Flood Insurance Program’s flood risk to the capital markets through the issuance of its third catastrophe bond transaction The post NFIP…
Puerto Rico Disaster Recovery Speeding Up
While the pace of federally funded projects to help hurricane and earthquake victims has quickened, White House disaster recovery representative Peter Brown is worried about…