Five years after Hurricane Sandy, housing prices in New York City's flood zone have seen an 8 percent reduction when compared to similar properties with lower flooding risks.
By Francesc Ortega, Suleyman Taspinar
Five months after Hurricane Harvey tore through Houston with record rainfall and 130 mph winds, 33,000 Texans are still displaced and living in temporary federal housing. Meanwhile, 80 percent of hurricane victims did not have flood insurance, and for many,…
By PBS NewsHour
The federal flood insurance program is on track to run out of money to pay claims during the week of Oct. 23.
By Andrew Taylor, Associated Press
This hurricane season has caused widespread damage and left some parts of the U.S. and its territories in complete ruins. The National Flood Insurance Program was created in the 1960s to insure high-risk areas like these. But by bailing out…
By PBS NewsHour
NewsHour economics correspondent Paul Solman speaks with Columbia University professor Radley Horton about climate change and flood insurance.
"If the bad weather comes and you’re still here," law enforcement voices blared, "we’re not going to do anything for you." Now stuck in shelters, Texans endure boredom and anxiety. What will they find when they finally return home?…
A vast majority of Texas homeowners in areas under water from Tropical Storm Harvey lack flood insurance, and how to help them is sure to be a big political fight in Washington. Lisa Desjardins joins Miles O’Brien to take a…
By Lisa Desjardins
As the largest flooding event in modern U.S. history affects millions across Texas, members of Congress face a political crisis over how to handle the nation’s largest insurance plan for floods.
As the Louisiana flooding begins to subside, the state looks toward rebuilding. The disaster affected over 20 parishes, including areas outside flood zones -- meaning residents there do not have flood insurance. William Brangham speaks with Billy Nungesser, Louisiana's lieutenant…
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