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 ...

Because Congress did not timely reauthorize NFIP prior to the shutdown, the program’s capacity to issue new policies, renew existing ones, or increase coverage was effectively frozen for the duration ...

With the Federal Emergency Management Agency (FEMA) Review Council’s final recommendations finally available, one particular recommendation stands out. In the section titled, “Shift to Private Market ...

The National Flood Insurance Program's expiration looms, but experts predict renewal despite federal budget cuts. FEMA faces potential restructuring, but the flood insurance program is considered ...