Coastal program saved billions by deterring development — study
A federal program has saved taxpayers billions of dollars in disaster relief payments by keeping environmentally sensitive coastal areas clear of buildings, roads and infrastructure, a new study says.
Private insurers join flood game
The private sector is returning to the risky world of insuring homes against flood damage, offering hope that the paltry percentage of homeowners with flood insurance will rise out of the single digits.
'This program is sick.' Fight brews over flood insurance
Efforts in Congress to overhaul an embattled insurance program that covers millions of properties against flood damage were jolted yesterday by a plan to make taxpayers pay $20 billion in cost overruns.
FEMA needs to focus more on catastrophes — official
The Federal Emergency Management Agency has spent $1.5 billion managing small-scale disasters, a top agency official testified yesterday, diverting resources and personnel from catastrophic events.
Does Trump favor red states when disasters hit? We looked
President Trump's vow of first-rate treatment to tornado-stricken Alabamians sparked accusations of favoritism toward a state that strongly supported him in the 2016 election. But the numbers show that he's evenhanded when declaring disasters.