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Washington--Legislation allowing the National Flood Insurance Program to resume paying claims was passed by Congress late Friday and is now headed to the White ...

Washington--Insurance companies and agents can resume processing and paying flood damage claims that had been held up pending a renewal of financing for the ...

The House Financial Services Committee yesterday approved by voice vote and sent to the floor a measure to increase the borrowing authority of the ...

The National Flood Insurance Program is running out of cash and the government has told insurance companies that it cannot authorize payments beyond existing ...

Washington--A member of a House panel scored insurance commissioners for a lack of speed and uniformity in their reaction to Hurricane Katrina and other ...

Washington==The Bush administration has asked Congress to provide the National Flood Insurance Program (NFIP) with only about one-third of the money needed to pay ...

The financial viability of the federal flood insurance program is threatened by insufficient subsidized rates, said a top official of the U.S. Government ...

Washington--Insurance companies who administer the National Flood Insurance Program but do not assume risk would find themselves shouldering some of the burden of future ...