Managing Catastrophic Flood Losses: FEMA’s 2024 Reinsurance Placement and How BOLDplanning Can Help

In a recent announcement, FEMA revealed its 2024 traditional reinsurance placement for the National Flood Insurance Program (NFIP), highlighting its commitment to managing catastrophic flood losses. This move signifies the agency's ongoing efforts to transfer financial risk to the [...]

$150 Million Made Available to Support Hazard Mitigation Efforts Through FEMA

2024, heralded by FEMA as the “Year of Resilience,” is now well underway. As such, it is unsurprising that the agency has made a second funding opportunity available through its Safeguarding Tomorrow Revolving Loan Fund (RLF) — and it’s a substantial [...]