Senate Republicans are demanding that the Federal Emergency Management Agency disclose the data and assumptions behind its Risk Rating 2.0, arguing the opaque methodology is driving premium spikes.
For RMN Subscribers * Former White House Cyber Official Proposes Catastrophe Bonds to Address China Infrastructure Threats A former NSC cyber
DHS financial disclosures reveal FEMA's net costs surged 44% to $56 billion in fiscal 2025—a $17 billion increase driven by disaster response that eclipsed all other agency spending changes—even as the Trump administration proposes sharp workforce cuts and seeks to shift recovery costs to states.
