No new or renewed policies during the lapse; FEMA says valid claims will still be paid with available funds. NAR estimates about 1,300 property sales per day—roughly 40,000 closings a month—could be ...
Because Congress did not timely reauthorize NFIP prior to the shutdown, the program’s capacity to issue new policies, renew existing ones, or increase coverage was effectively frozen for the duration ...
The spring flood season is here, so now is a critical time to secure flood protection for your home or business.