A federal appeals court has ruled that banks can require a homeowner to buy flood insurance covering the full replacement value of a home rather than the amount of the mortgage loan.

A Pennsylvania congressman Tuesday introduced legislation that would effectively repeal all changes to the National Flood Insurance Program imposed by a controversial 2012 law.

A Pennsylvania congressman Tuesday introduced legislation that would effectively repeal all changes to the National Flood Insurance Program imposed by a controversial 2012 law.

The Congressional Budget Office says efforts to delay flood-insurance rate hikesas proposed in a Senate bill under considerationwould add $2.2 billion to the National Flood Insurance Programs debt over 10 years, raising concerns that the bill will run into strong opposition in the House.

A vote to delay flood-insurance rate hikes for up to four years will likely be delayed as the Senate decided to take up other issues.

A vote to delay flood-insurance rate hikes for up to four years will likely be delayed as the Senate decided to take up other issues.

The crop-insurance industry and the agents who produce for it will be prime beneficiaries of a new five-year farm reauthorization bill now working its way through Congress.

The crop-insurance industry and the agents who produce for it will be prime beneficiaries of a new five-year farm reauthorization bill now working its way through Congress.