flood insurance

While the state is offering to pay for about 75% of the elevation cost through federal grants, one resident questions how stable the funding from Washington really is.

As insurance companies were losing money, executives distributed dividends to shareholders while diverting billions to affiliates.

Fort Myers Beach loses flood insurance discounts after a problematic rebuild from Hurricane Ian.

At stake is tens of million of dollars in flood insurance discounts that policy holders have enjoyed for years.

FEMA representatives told Lee County and four municipalities within it that residents were losing their long-held flood insurance discounts because they didn’t follow the federal agency’s rules on rebuilding after a storm.

Since 2000, Miami-Dade has been working to improve its flood risk rating with federal emergency managers to cut insurance rates for residents in incorporated county neighborhoods.

The First Street Foundation report, released Wednesday, says states such as California, Florida and Louisiana, which are prone to wildfires and damaging storms and flooding, are likely to see the most dramatic increases in premiums.

The lawsuit claims the overhaul of the National Flood Insurance Program will drive up homeowners' insurance rates for more than 1 million Florida policies.

FEMA says its new rates better reflect the risk from more intense and frequent rain and floods. The increase could make housing unaffordable for some in the most flood-prone areas.

Why is the government selling affordable housing in risky flood zones? Actress Gabrielle Union on her new book and her advocacy work. Plus, socially-distanced belly dancing.

Risk Rating 2.0 is the first change to the way the National Flood Insurance Program calculates premiums since the 1970s and represents the biggest shift since the program was founded in the 1960s.