Fema's NFIP receives 54,000 Helene claims, pays $480mn
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Fema's NFIP receives 54,000 Helene claims, pays $480mn

The NFIP’s traditional reinsurance coverage kicks in at $7bn of losses.

By Jai Singh
October 28, 2024
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FEMA US Homeland Security Form

The US Federal Emergency Management Agency (Fema) has received more than 54,000 National Flood Insurance Program (NFIP) claims in relation to flood damage from Hurricane Helene.

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Topics

NewsTreaty ReinsuranceRe/insurersHomeowners' insuranceClaims and losses
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