Insurance Company Insolvent? — UPDATE

Admin Deland Gibson Leave a Comment


1/4 – before the 7th when FEMA would have run out of money – The House and Senate voted to add 9.7B for more flood insurance.

For those who purchased flood insurance in NY and NJ and have flood claims, they may not get any money for their losses. Not because of lack of coverage but because FEMA doesn’t have the money:

FEMA is running out of money

Congress needs to make a move and vote as money could be gone as of January 7th!

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