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FEMA Says NFIP To Cover Hurricane-Driven Oil Damage

The National Flood Insurance Program will pay claims for damage to homes and contents from oil driven ashore during hurricanes, its officials announced earlier this month.

By Arthur D. Postal, Chad Hemenway | Updated on June 20, 2010

The National Flood Insurance Program will pay claims for damage to homes and contents from oil driven ashore during hurricanes, its officials announced earlier this month.

Last week, however, hopes the insurance industry had of politicians putting disagreements aside to reauthorize the NFIP were dashed, as the Senate voted against legislation to restart the program.

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