On Air Now

Current Show

Ground Zero with Clyde Lewis   11:00 PM - 12:00 AM

Call in to Ground Zero at 1-888-673-3700

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
39° Feels Like: 32°
Wind: WNW 10 mph Past 24 hrs - Precip: 0.26”
Current Radar for Zip

Tonight

Rain 37°

Tomorrow

PM Showers 58°

Sat Night

Partly Cloudy 31°

Alerts

Hurricane Sandy claims may exceed insurance program funds: FEMA

WASHINGTON (Reuters) - The federal government's flood insurance program may not have access to enough funds to cover anticipated claims from Hurricane Sandy victims, a top official at the Federal Emergency Management Agency said on Thursday.

Edward Connor, FEMA's deputy associate administrator for federal insurance, told an insurance advisory panel on Thursday that his agency is projecting a flurry of flood-related claims in the neighborhood of $6 billion to $12 billion.

That is well above FEMA's current borrowing power, he said, which is maxed out at $2.9 billion. To extend it would require authorization from Congress, something Connor said he expects the Homeland Security Department will request soon.

(Reporting By Sarah N. Lynch; Editing by Gary Hill)

Comments