FEMA

While the Federal Emergency Management Agency vows to make sweeping reforms to the nation's flood insurance program, senators say the program "needs to fundamentally transform."

Search crews continue to look for three missing people after the Memorial Day weekend flood on the Blanco River. Meanwhile, those in Wimberley, Texas, are struggling to put their lives back together.

It's the latest step in a growing controversy after thousands of homeowners said insurance companies lowballed damage estimates and insurance insiders called the appeals process "rigged."

As Sandy victims and FEMA work to resolve accusations of falsified damage estimates, some are questioning how the agency can be both a flood insurance provider and a regulator of flood insurance.

Over two years after Superstorm Sandy flooded homes in New Jersey and New York, legal battles still rage over insurance claims to repair damage. But insurance companies aren't playing by the rules.

Federal funds are supporting two different disaster-prevention approaches — coastal retreat, or people leaving flood zones, and coastal defense, or building infrastructure to protect at-risk areas.