Consumer News Most Homes Flooded By Helene Lack Flood Insurance

Some losing flood insurance a year after Hurricane Helene, says insurance agent

Joey Proffitt, owner of Joey Proffitt Agency, Inc., said he has had more than 50 clients tell him that their flood insurance is not being renewed. This means ... Read More

National Flood Insurance Program lapses, stalling home sales

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 ... Read More

Homeowners endure nightmare insurance scenario after devastating flood: 'I explored every avenue'

"Sorry, they’re not going to do anything." Homeowners endure nightmare insurance scenario after devastating flood: 'I explored every avenue' first appeared on The Cool Down. Read More

Shutdown threatens to stall rural loans and flood insurance

Slower mortgage approvals, stalled rural home loans and a freeze on new flood insurance policies: The government shutdown, which began at midnight on October 1, could gum up some of the gears that ... Read More

A government shutdown will fuel the flood-insurance crisis

This column reflects the personal views of the author and does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Mark Gongloff is a Bloomberg Opinion editor ... Read More

For private flood insurance companies, the government shutdown is good for business

MIAMI — Among those feeling the pain of the government shutdown are people in coastal areas and other locations where they need flood insurance. The government-backed National Flood Insurance Program ... Read More