News Currents
Witt pointed out that as he looks across Florida, the Gulf coast states and America, he has recently seen more devastating events than have ever been witnessed in the history of the nation. He said that in today’s world and …
The excess flood market steps up where NFIP drops off
The historical lessons learned from Katrina and Rita and looming predictions of a future with bigger and stronger storms highlight more than ever before the importance of flood insurance, even in locations where it was previously thought unnecessary. The National …
News Currents
The excess flood market steps up where NFIP drops off Increased catastrophes raise visibility of excess coverage The historical lessons learned from Katrina and Rita and looming predictions of a future with bigger and stronger storms highlight more than ever …
Former FEMA director promotes state, federal disaster mediation
Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens, before people who have worked all their lives for everything they have, then all of a sudden, within minutes, they lose all …
The excess flood market steps up when national flood program falls short
The historical lessons learned from Katrina and Rita, and looming predictions of a future with bigger and stronger storms have made flood insurance popular these days — even in locations where it was previously thought unnecessary. The National Flood Insurance …
The virtual, global economy humbles insurance leaders
Insurance professionals have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of risks ahead and given the speed of …
Former FEMA director promotes state, federal disaster mediation
Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens — before people who have worked all their lives for everything they have, all of a sudden, within minutes, lose all their …
Quake Triggers Tsunami Fears in Indonesia
An earthquake with a preliminary magnitude of 6.1 struck off Indonesia’s Sulawesi island on Sunday, causing residents to flee coastal areas in fear of a tsunami. Indonesian officials — who have been under fire for failing to warn people ahead …
Notable Quotable
“A major earthquake in Sacramento or the Bay Delta is a nightmare scenario for California. The earthquake damage would be bad enough. But if it were to weaken the levees, it would cause terrible flooding, kill thousands of people, jeopardize …
Former FEMA director promotes state, federal disaster mediation
Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens — before people who have worked all their lives for everything they have, all of a sudden, within minutes, lose all their …
