The 49-year-old National Flood Insurance Program, a part of the Federal Emergency Management Agency, already was $25 billion in debt due because of a failure to charge adequately high premiums.
Before a catastrophe hits, check the financial health of your insurer -- and its reinsurer.
Jose is swirling up the Atlantic Ocean, as it powers its way towards the northeast, and will push its way closer to the U.S. over the weekend.
Buying a house isn't cheap, especially in these top markets.
Early damage estimates show how U.S. insurers have managed to underwrite policies to avoid the worst losses in hurricane-prone areas of Texas and Florida.
Hurricane Irma is still rolling and leaving billions of dollars in home and business damage. It'll be up to the insurance industry to pay most of the tab.
Travelers, the third-biggest U.S. property and casualty insurer, is one of the first big industry players to report initial loss estimates in the wake of Hurricanes Harvey and Irma.
Even celebrity homes in Miami and South Beach may have suffered from Hurricane Irma's pummeling.
Hurricane Irma is barreling toward Florida with 185-mph winds, and with mayhem in mind. Consequently, prepping for hurricane-related money issues just makes sense.
TheStreet's Kevin Baker walks through Palm Beach Gardens to see how homeowners are bracing for Hurricane Irma.