FEMA

Federal agencies that provide weather data are losing funding or being reorganized, forcing carriers to find new storm data sources.

Congress and Trump Administration calls for elimination of Federal Insurance Office and FEMA, if successful, would ripple through insurance and banking industries, say climate financial risk policy experts and officials.

The governor aims to secure federal funding with latest executive order in aftermath of Los Angeles fires.

Severe repetitive loss (SRL) properties are a growing category.

The National Flood Insurance Program is a primary source of flood insurance but Risk Rating 2.0, could change that.

The Federal Emergency Management Agency in April announced the first significant update to the beleaguered National Flood Insurance Program, which covers about 5 million properties. Premiums have risen steadily, but the program is more than $20 billion in debt, thanks in part to rising seas and stronger storms. Now, a quarter of the participants will see lower costs, while the remainder will see premiums rise in increments as high as 18% annually.

Deanne Criswell, the first woman to lead the Federal Emergency Management Agency, in April took over a 20,000-person operation exhausted by managing responses to disasters linked to global warming: wildfires and the 2020 hurricane season, the most active on record.