New grant brings much needed financial relief to victims of 2019 flood - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 24, 2020 Newswires
Share
Share
Post
Email

New grant brings much needed financial relief to victims of 2019 flood

Congressional Documents & Publications

Today, Rep. Cindy Axne (IA-03) celebrated a new $10,784,250 grant from the Federal Emergency Management Agency (FEMA) to fund flood recovery efforts in Pacific Junction.

The grant will fund the purchase of 127 residential properties that have been substantially damaged by flooding at pre-flood values, allowing Iowa families in these homes to move forward after living with mortgages on devastated properties with no ability to sell their damaged properties.

"I saw first hand the damage caused by last year's floods in Pacific Junction - and know that its devastation has left families with crippled homes and no way to sell their way back into normalcy," said Rep. Axne. "I'm thankful to see the money we secured to help Iowa recover from the flooding coming back to finally help these Iowans get back on their feet."

After securing $3 billion for Midwest flood recovery in last year's federal disaster bill, Rep. Axne has been tracking funding provided to Iowa to help rebuild from last year's flooding with her Iowa Flood Funding Tracker.

With this new grant, the Tracker now accounts for $556.7 million in federal dollars spent in Iowa.

The purchase of the properties will help mitigate damage cause by recent flooding by demolishing or converting the properties to permanent open space.

Earlier this year, FEMA reported to Rep. Axne that it had so far spent $66 million on Iowa flood recovery by providing aid to individuals, grants, crisis counseling, and by administering flood insurance.

Read this original document at: https://axne.house.gov/media/press-releases/rep-axne-celebrates-10000000-grant-pacific-junction-flood-recovery-project

Older

Conning: While P&C Distribution M&A Flew High in 2019, Insurer Acquisitions Slowed

Newer

Gov. McMaster rolls back orders + Taxpayer dollars unaccounted for

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
  • Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity News

Health/Employee Benefits News

  • Reports Outline OBGYN and Reproduction Study Findings from Health Care Cost Institute (Hospital Bypass Among Rural Obstetric Patients With Commercial Health Insurance): OBGYN and Reproduction
  • Madison Faces Higher Library and Health Insurance Costs as Officials Look Ahead to 2027 Budget
  • The percentage of people without health insurance is growing
  • MORE THAN 4 MILLION MEDICARE BENEFICIARIES WILL HAVE THEIR MEDICARE ADVANTAGE OR STAND-ALONE PRESCRIPTION DRUG PLAN TERMINATED AT THE END OF 2026
  • Plans with cheaper premiums are risky business for Americans seeking lower healthcare costs
More Health/Employee Benefits News

Life Insurance News

  • Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
  • Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
  • AM Best Affirms Credit Ratings of GIG Insurance – Egypt S.A.E.
  • Symetra Named to Fortune Best Workplaces For Women™ List for Fifth Consecutive Year
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.