The Federal Emergency Management Agency is proposing to allow owners of homes destroyed by storms and bought out by the government to rebuild on the same flood-prone land.
The Federal Emergency Management Agency is proposing to allow owners of homes destroyed by storms and bought out by the government to rebuild on the same flood-prone land.
U.S. state insurance regulators need to work with colleagues overseas to monitor insurer solvency, but they need to fight off international standards that could cause problems for U.S. insurers.
The Insurance Institute for Business & Home Safety examined building policies in 18 Atlantic and Gulf Coast states and found that despite the increasing severity of natural disasters, many of those states have relaxed their approach to codes — or have yet to impose any whatsoever.