The lawmakers look to get rid of the new pricing over premium costs rising and homeowners dropping their coverage.
WASHINGTON - Flood risk is a losing bet for most insurance carriers because, when a big storm hits, damage can be extraordinarily costly and concentrated. That has left the federal government to ...
Insurance industry profit motives conflict with our need for protection. Public insurance, coupled with proactive risk reduction, can help.
For half a century, a federal program has covered most at-risk properties. Now, a private company is pitching a plan to shrink the government’s role. By Scott Dance Reporting from Washington Flood ...