• Ads from politicians and campaigns accounted for at least 3% of Facebook’s estimated third-quarter U.S. revenue, according to data from Facebook’s ad library and the Center for Responsive Politics.
  • Google has dramatically limited targeting for political ads and Twitter banned them altogether, leaving Facebook as the only game in town for many campaigns.
  • “For better or worse — mostly worse — Facebook is the de facto place you go,” said Nick Fitz, CEO of online donations site Momentum, which powers the Defeat by Tweet campaign.



a man in a suit standing in front of a flat screen television: Former Vice President Joe Biden, presumptive Democratic presidential nominee, wears a protective mask during a NowThis economic address seen on a smartphone in Arlington, Virginia, U.S., on Friday, May 8, 2020.


© Provided by CNBC
Former Vice President Joe Biden, presumptive Democratic presidential nominee, wears a protective mask during a NowThis economic address seen on a smartphone in Arlington, Virginia, U.S., on Friday, May 8, 2020.

Anti-Trump super PAC Defeat by Tweet launched in June and has run up an advertising bill of more than $800,000 with an online campaign that encourages people to automatically donate money every time the president tweets.

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Thanks to Trump’s habitual tweeting, the group has parlayed its spending into about $3 million of fundraising. However, none of that ad spending has been on Twitter. Instead, it’s taking place exclusively on rival social media site Facebook.

Defeat by Tweet is far from alone. Scores of political candidates and outside groups have loaded up on Facebook spending ahead of next month’s election. That’s partly because Facebook reaches over a quarter-billion users in North America every month and has a family of popular apps, including Messenger, Instagram and WhatsApp. But it’s also because many other ad-supported sites have retreated from politics, leaving Facebook as the only game in town. 

Google, the largest internet advertising company, limited the ability for campaigns to target users with political ads. Twitter banned political advertising altogether after CEO Jack Dorsey proclaimed last October that “political message reach

DENHAM SPRINGS — Property owners in Denham Springs who subscribe to federal flood insurance policies will see a 10% discount in their insurance premiums after Oct. 1, following a recent positive verification of the city’s Community Rating System field verification.

Mayor Gerard Landry was notified Sept. 17 that the National Flood Insurance Program had reviewed its earlier findings based on a five-year verification system and that the results were the lowering of the flood insurance premiums.

The notification read in part, “Congratulations! The Department of Homeland Security, Federal Emergency Management Agency, has determined that the City of Denham Springs will increase to a Class 8 in the National Flood Insurance Program Community Rating System. The floodplain management activities implemented by your community qualify it for a 10 percent discount on flood insurance premiums for NFIP policies issued or renewed in special Flood Hazard Areas on or after Oct. 1.”

The communication continued, “This savings is a tangible result of the flood mitigation activities your community implements to protect lives and reduce property damage.”

Landry said evaluations by the NFIP is an ongoing process, and the city has expended considerable effort to earn the Class 8 level of NFIP ratings.

“Our staff has to work with a huge manual of instructions on how to deal with the problems associated with potential flooding,” Landry said. “This is a complicated process that involves flood elevations, drainage systems, requirements in the building codes, flood remediation efforts and a host of other things that we do to mitigate the possible effects of flooding. It is a tribute to our staff that we have earned the Class 8 level of flood insurance premiums,” Landry said.

Landry said, after the flood of August 2016, Denham Springs was elevated to a Class 9 rating. But through the city’s

MELBOURNE, Fla., Sept. 29, 2020 /PRNewswire/ — The MyFloodInsurance.com website has gone live for consumers and agents to quote, compare and purchase flood insurance policies from multiple flood insurance companies, as well as from the National Flood Insurance Program (NFIP) administered by FEMA. The free, one-stop site is aimed at giving users the ability to research and select from competitive flood insurance rates and customized coverages to help best protect their property in the event of flood damage.

Aurora Technologies developed the website to assist the self-reliant consumer, as well as support insurance agents in securing flood coverage. Through MyFloodInsurance.com, property owners complete three simple steps to generate flood coverage quotes from the NFIP and various private insurance offerings in less than one minute. Insurance agents are given credentialed access to discover and write flood policies from several top-rated private flood companies and one of the largest providers of NFIP policies, all of which are represented in the same portal.  The selection of flood coverage plans the website offers for consumers and agents to evaluate will depend on the geographic location of the property.

“MyFloodInsurance.com was created to serve the flood insurance market in response to the demand for comparison shopping and digital self-service tools that have emerged in other segments of the insurance industry,” said Amanda Bryant of Aurora Technologies.  “We believe that facilitating access to flood insurance products and plans will encourage more consumers to purchase such essential protection for any property, anywhere.”

According to the Insurance Information Institute, only 15% of homeowners in the U.S. have flood insurance coverage. Yet, FEMA data shows that all 50 states and 99% of U.S. counties have experienced some form of flooding disaster in recent years.

“The flood insurance industry has grown with the availability of private offerings to