Flood Insurance Program Risks Expiry (Again) As Hurricane Season Starts

Seven million homes are at risk of damage from Atlantic storms and coverage may be up in the air again. After already facing a named storm this year, the flood insurance program is back in the spotlight. Yet again, after the disaster — both left behind by weather and in the expiration of the program — in 2017, the coverage program is due to expire. Last year brought record-breaking damages from natural disasters and the full totals aren’t in yet. This year, Americans are feeling less confident about their safety during the hurricane season. Moreover, the flood insurance program will once again expire if it is not overhauled or renewed.