FEMA vying to keep flood insurance program alive during shutdown

Critics warned that making new policies unavailable risked damaging the housing market.

By Ryan Beene | December 28, 2018 at 02:31 PM

FEMA had earlier advised insurance companies that offer federal flood insurance policies to suspend sales and renewals under the program.

The Federal Emergency Management Agency is exploring how to continue issuing new flood insurance policies after earlier saying that it would halt the practice during the partial government shutdown, leading to a backlash from lawmakers and realtors.

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