Neptune Insurance Holdings filed for an initial public offering in the US, showing growing revenue for the flood insurance company https://t.co/KwhX6KuMs9 ...

The United States has a long history of disasters. Take, for example, Hurricane Helene, which devastated western North Carolina. Misery, and still more loss in the southeast, almost a full week after Hurricane Helene swept through the region.What happened was unbelievable. Cars, trailers, everything just came down the river and through this large building called Riverview Station that we were housed in, it was devastating because everything of ours got flooded. We lost loved ones.We know people that were sw ...

After a series of disasters South Africa is considering flood insurance for some of its biggest cities https://t.co/lSD30mqi0m ...

FEMA Response & Challenges - FEMA provides immediate assistance of a one-time payment of $770 for serious needs like food, water, diapers, or fuel after a catastrophe [1] - Long-term assistance from FEMA is a complicated process, especially concerning flood insurance coverage [2] - Claim processing through FEMA's National Flood Insurance Program can take up to eight weeks [3] - FEMA has faced scrutiny for its handling of past disasters, with some areas remaining in disarray months later [4] - There are suggestions to restructure FEMA, potentially giving more power to state and local authorities [6] - Secretary of Homeland Security reported over 700 FEMA staffers and volunteers were on the ground in the flood zone across six counties in Texas [10] - FEMA, along with Texas Emergency Management and the Small Business Administration, opened a disaster recovery center to assist individuals and small businesses [11] - FEMA requires individuals to first exhaust their own homeowners or renters insurance before applying for individual assistance [12] Community & Private Efforts - Over $3 million was raised through GoFundMes, and tens of millions more were donated from businesses [7] - Communities are stepping up to help those affected, especially those without flood insurance [7][8] Insurance Considerations - Few people, especially in inland communities, have flood insurance [2] - Individuals must file claims with their insurance companies and exhaust all other options before applying for FEMA individual assistance [3]

Few Texas homeowners hit hard by devastating storms have federal flood insurance. This lack of coverage is becoming more worrisome as climate change intensifies storms https://t.co/cgsx4rEQo4 ...