Privatizing federal programs is a mantra of President Trump and the Republican-controlled Congress. The National Flood Insurance Program (NFIP) -- up for renewal at the end of September -- is a...Read more
The Federal Emergency Management Agency is making sweeping reforms to the nation's flood insurance program in the wake of a series of critical reports on NPR and the PBS series Frontline. But lawmakers say this isn't enough when private insurance companies are profiting millions of dollars from a program that is already $23 billion in debt.
The National Flood Insurance Program (NFIP) is buckling under the weight of a $25 billion debt, so something’s got to give. For some policyholders, this could mean as much as 25% increases in the...Read more
Here’s some bad news for the 5 million Americans who have flood insurance policies: Premiums will rise an average 6.3 percent this year, according to the National Flood Insurance Program (NFIP). But...Read more
The federal government's flood insurance program has triggered a steady downpour of bad news, but private insurance isn't going to replace the troubled program anytime soon unless Congress makes some...Read more
The Federal Emergency Management Agency announced changes to the nation’s flood insurance program on Monday, responding to complaints from Superstorm Sandy survivors that the private insurers...Read more
In the aftermath of a flood, people may be unpleasantly surprised to find that their home insurance doesn’t cover the damage caused by rising storm waters. It hasn’t since insurance companies decided...Read more

TOMS RIVER -- Saying the Jersey Shore's recovery has been "cut off at the knees" because of lowball flood insurance payments, a Sandy advocate has repeated the call for an investigation of the Federal Emergency Management Agency.