INSURASALES

Tag: Municipal Policy

Massachusetts Municipalities Missing Flood Insurance Savings Due to Non-Participation in FEMA Program

Massachusetts municipalities, including Boston, miss FEMA flood insurance discounts by not participating in the Community Rating System, increasing costs for flood-prone residents.

St. Louis Suspends Insurance Escrow Holdback for Tornado-Damaged Properties Until 2026

St. Louis suspends a 25% insurance escrow holdback on tornado-damaged properties, speeding access to full payouts through December 2026. Regulatory change supports property recovery efforts after the May 16 tornado.