Harvey and Irma payouts top $1bn at NFIP

National Flood Insurance Program policyholders have filed over
115,000 claims related to Hurricanes Harvey and Irma and the NFIP
has paid out over $1bn so far, The Insurance
Insider has learned.
The insurer run by the Federal Emergency Management Agency, or
Fema, indicated that most of the claims received to date - more
than 88,000 so far - were filed in Texas related to Harvey.
The agency has paid out more than $1bn so far just for Harvey
claims, with...