The National Flood Insurance Program (NFIP), which insures nearly 5 million properties across the U.S., has officially lapsed following the government shutdown. As of midnight on Sept. 30, FEMA can no ...
No new or renewed policies during the lapse; FEMA says valid claims will still be paid with available funds. NAR estimates about 1,300 property sales per day—roughly 40,000 closings a month—could be ...
BILOXI, Miss. (WLOX) - For those trying to buy a home located in a flood zone, they’ll need flood insurance to get a mortgage. A policy from the National Flood Insurance Program (NFIP) is usually the ...
The National Flood Insurance Program (NFIP) cannot issue new flood insurance policies during a government shutdown. Existing NFIP policies remain valid if issued on or before September 30, 2025 and ...
The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...
It's the middle of hurricane season, and meteorologists say we've been lucky so far. Of the nine named storms and three hurricanes that have formed this season, only one short-lived tropical storm has ...
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 sales in ...
The National Flood Insurance Program, which accounts for 88% of the nation's flood insurance and is managed by the Federal Emergency Management Agency, is set to expire on Sept. 30. If Congress and ...
Jennifer Johnson and her mother, Steffi Cooper, leave their flood damaged home in the Weatherhill Pointe neighborhood of Carrboro after a visit on Tuesday, Aug. 19. Robert Willett ...
Louisiana could be hit especially hard if the National Flood Insurance Program (NFIP) is allowed to expire at the end of the month. The program, which provides federally backed flood coverage to ...
If the government shuts down as expected on Wednesday, the National Flood Insurance Program (NFIP) will no longer be able to issue new policies or renewals, which could cause headaches for homeowners ...
The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn’t sell or renew coverage during the 44-day government shutdown.1 The budget bill that ended the ...