Flood insurance

The destruction from Hurricane Helene is expected to cost insurers roughly $6.4 billion, according to an early estimate from catastrophe modeling firm Karen Clark & Company.

As historic floodwaters unleashed by Hurricane Helene recede across the U.S. Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years.

State and federal relief efforts are stepping in to help areas hit by Helene that are not covered by flood insurance.

Data from Neptune Flood reveals the lack of coverage from homeowners and business owners facing the storm's deadly destruction.

From Indiana to Florida, more than 3.2 million customers are without power with South Carolina accounting for about 31%, according to PowerOutage.us.

The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.

Central Europe's insured flood losses will likely be €2 billion ($2.2 billion) to €3 billion, Global reinsurance broker Gallagher Re estimates.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.

Now weakened to a tropical depression, Francine will continue to travel inland in the southeastern U.S.

The Community Rating System encourages communities to exceed the standards set by the National Flood Insurance Program.