The organization that keeps track of excess and surplus policies sold in Texas says the number of E&S flood insurance policies in place in the state’s coastal counties declined after Hurricane Harvey hit in August 2017. In the months after …
It has been a long-held insurance axiom that flood is not considered an insurable peril due to its potentially catastrophic nature. Here is what the report, “Affordability of National Flood Insurance Program Premiums: Report 1” (National Research Council, 2015) says …
Amanda Spartz nearly did not renew her home’s flood insurance policy after her first year in Florida. Two hurricanes came close to the Fort Lauderdale suburbs last year, but they didn’t hit and her home isn’t in a high-risk flood …
Four months after devastating flooding ravaged South Louisiana, nearly 30,000 new flood insurance policies have been written in the affected areas, the Louisiana Department of Insurance announced. As of July 30, the total number of National Flood Insurance Program (NFIP) …
The Louisiana Legislature’s insurance committees have scheduled an Oct. 23 meeting to discuss what can be done to help residents facing skyrocketing flood insurance increases. Changes in the National Flood Insurance Program to put it on sounder financial footing could …
Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have another 30 days to file claims for their flood losses. Policy owners now have until Feb. 21 to complete their proof of …
