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Flood insurance costs rise with newer risk rating
FEMA manages the National Flood Insurance Program, or NFIP, which supplies flood insurance to the public and businesses through a network of insurance providers. The agency began implementing a rating standard known as Risk Rating 2.0 in October 2021. Critics think the new rating drove up prices.
Va. agricultural damage from Helene totals $159.3M
Hurricane Helene’s agricultural damage in Virginia totals more than $159.3 million, according to Virginia Cooperative Extension agents’ research. Hurricane Helene made landfall on the Gulf Coast in Florida as a Category 4 storm late on Sept. 26 and tore through the Southeast into Sept. 27, causing catastrophic flooding in parts of Georgia, North and South […]
