The 13-day-old government shutdown is raising alarms in coastal and other flood-prone areas where homeowners depend on coverage from the national insurer that covers gaps in the private insurance ...
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 (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 ...
ST. PETERSBURG, Fla., Oct. 8, 2025 /PRNewswire/ -- For more than 50 years, the private insurance industry was unable to take on the flood peril, making the National Flood Insurance Program (NFIP) ...
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 ...
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