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New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown

New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown

by Phil Hall | Nov 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bipartisan bill is seeking to retroactively restore coverage from the National Flood Insurance Program (NFIP) that was lost during the government shutdown. Reps. Troy A. Carter, Sr. (D-LA) and Mike Ezell (R-MS) introduced H.R. 5848, the NFIP Retroactive Renewal...
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On

NAR Warns of Disruptions to NFIP if Government Shutdown Drags On

by Phil Hall | Oct 1, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has warned that a prolonged shutdown of the federal government will imperil the National Flood Insurance Program (NFIP). NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies, which...
Flood Insurance Relief Legislation Reintroduced in Congress

Flood Insurance Relief Legislation Reintroduced in Congress

by Phil Hall | Jul 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Byron Donalds (R-FL) announced the reintroduction of HR 4494, “The Flood Insurance Relief Act,” which is designed to provide tax relief for flood insurance customers. The proposed legislation creates a non-refundable tax deduction for flood insurance premiums....
FEMA Launches Flood Insurance Premium Quoting Tool

FEMA Launches Flood Insurance Premium Quoting Tool

by Phil Hall | Apr 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

FEMA announced the National Flood Insurance Program (NFIP) has launched FloodSmart.gov as a free Direct to Customer Flood Insurance Quoting Tool that is designed to assist customers in getting a flood insurance policy quote for their property and in securing a quoted...
Flood Insurance Relief Legislation Reintroduced in Congress

CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding

by Phil Hall | Jan 16, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued a new report that found homeowners who face flooding from rivers and creeks were more likely to be underinsured than residents of coastal areas. The report, which used a sample of mortgage applications from...
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