The Treasury Department loaned the flood program $2 billion to pay claims, likely raising costs for policyholders. The federal program that provides most of the nation’s flood insurance has run out of ...

Bordering Long Island and Queens, the Rockaways is a part of New York City that is all too familiar with flooding. In 2012, coastal flooding caused by Hurricane Sandy decimated the area, leaving ...

(AP) - 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 ...

The major federal flood-insurance program that covers millions of properties is set to expire by the end of this month. Experts expect Congress to reauthorize the program — but also question whether ...

The National Flood Insurance Program, a public insurance program sponsored by the federal government insures 4.7 million policyholders and protects more than $1.28 trillion in assets. Congress has ...

Minus congressional action, a national insurance program won’t be able to issue new policies. Lawmakers in both chambers are eyeing an extension of the National Flood Insurance Program as agencies ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Congress created the National Flood Insurance Program in 1968 as a way for the ...

WASHINGTON, Nov. 30-- Rep. Maxine Waters, D-California, ranking Democratic member of the House Financial Services Committee, issued the following floor statement in support of a short-term National ...