The state of Montana has requested assistance from the Federal Emergency Management Agency for individuals who have suffered significant losses as a result of the flooding that has devastated parts of south-central Montana. The request, signed by Gov. Greg Gianforte on Wednesday, seeks to activate FEMA’s Individual Assistance Program, which is part of the Biden… Continue reading Estimated 115 Homes in Montana Destroyed or Severely Damaged in Flooding
Tag: homeowners flood insurance
Most Americans Don’t Have Enough Flood Insurance for Climate Change
U.S. homeowners face $18.8 billion in flood damage annually. Insurance premiums set by the federal government for those homes would cover less than one quarter of that potential damage. And the worst part? Nobody knew it until today. These numbers come from a new report by First Street Foundation, a nonprofit dedicated to making climate… Continue reading Most Americans Don’t Have Enough Flood Insurance for Climate Change