FEMA pegs NFIP losses from hurricane Helene at $3.5bn to $7bn
Reinsurance News - Nov 13, 2024
The U.S. Federal Emergency Management Agency (FEMA) has said that Hurricane Helene could drive National Flood Insurance Program (NFIP) claims of up to $7 billion, including loss adjustment expenses, with more than 55,000 flood loss claims reported to the NFIP as of November 7th, 2024. Currently, the...
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