One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid costly litigation after disasters …
The Importance of Understanding Flood Zones “I don’t need flood insurance.” “I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t need it.” Those statements are made more often than any …
Record widespread flooding across the Midwest has once again highlighted the catastrophic damages that flooding can cause. Yet a survey conducted for the Insurance Information Institute (I.I.I.) reveals that only 17 percent of Americans have a flood insurance policy. The …
By Removing Some of the Mystery in Flood Insurance, Agents Can Put Clients More at Ease “I don’t need flood insurance; I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t …
One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid costly litigation after disasters …
The Importance of Understanding Flood Zones “I don’t need flood insurance.” “I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t need it.” Those statements are made more often than any …
Floods like those that inundated the U.S. Midwest are supposed to occur once every 500 years but this is the second since 1993, suggesting flawed forecasts that do not take global warming into account, conservation experts said on Tuesday. “Although …
Fifteen years ago, after the Midwest was swamped with what was pronounced a “100-year” or even a “500-year” flood, some folks figured they would never again see such a disaster in their lifetime. Some even dropped their flood insurance. Big …
Experts believe that many of Iowa’s flood-damaged homes could be repaired , if their owners can find the cash. Record flooding this month ravaged thousands of Iowa homes, leaving behind mud and debris. Most of the houses affected are decades …
With federal aid limited and most homes damaged or destroyed by Midwest flooding lacking the proper insurance, states along the Ohio and Mississippi rivers will soon have to help homeowners recover, according to the nation’s No. 1 disaster official. “There’s …
