FEMA’s Flood Insurance Chief Says Agency Ready For Onslaught Of Florence Claims

The head of the National Flood Insurance Program told CNBC’s "Squawk on the Street" Monday that the government is prepared to handle the anticipated rash of claims filed by homeowners in the upcoming days and weeks. "As the days continue, we’ll be able to start to get the number of claims being submitted, get adjusters out in the field when it’s safe, and when it’s safe for policyholders to be in their homes," said David Maurstad, the Federal Emergency Management Agency’s Deputy Associate Administrator for Insurance and Mitigation and the chief executive of the NFIP.