Flood Insurance News

Declarations

Big Brother is Watching “To me, it’s just a Big Brother thing …no smoking has become like Prohibition was, and nobody seems to be ostracized or outlawed for taking away people’s rights for this particular subject. It’s the bandwagon effect, …

Kansas Insurance Claims Drop

A tornado wiped out 95 percent of Greensburg. Hail storms rattled the south-central part of the state, damaging roofs. An ice storm crippled the state. With all the large-scale weather events to hit Kansas last year, it would seem likely …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Karate Sports & Fitness Insurance, a national underwriting facility specializing in sports and fitness facilities, …

Business Moves

Chartwell Independent Insurance Brokers Chartwell Independent Insurance Brokers LLC, a Los Angeles-based wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, has opened a new office in Scottsdale, Ariz., to help meet the growing need among property owners, managers …

E-mail May Scuttle Truce Between State Farm, Miss. Attorney General

With the press of a button, a lawyer for the nation’s largest insurance company may have ended a brief truce in its bitter dispute with Mississippi Attorney General Jim Hood. In an e-mail mistakenly sent to reporters Tuesday, a lawyer …

Flood Map Changes Worry Sacramento Officials, Builders

The Federal Emergency Management Agency’s plans to designate Sacramento’s fast-growing Natomas sector, north of the Sacramento and American rivers, as a Special Flood Hazard Area AE Zone in December is stirring up widespread concern that the new requirements could amount …

Association of British Insurers: Homes on Flood Sites ‘Unsaleable, Uninsurable, Uninhabitable’

The Association of British Insurers (ABI) warned that government plans to construct new homes on flood plains have not given sufficient consideration of the hazards involved. Justin Jacobs, the ABI’s Assistant Director of Property, speaking at the Architects Journal Conference, …

Ind. to Send Agents Back to School for Flood Coverage Refresher

This winter’s flooding has prompted state insurance regulators to require a training course for agents selling flood coverage. Those already selling insurance will have to take a continuing-education course of at least three hours by 2010, the state Department of …

FEMA Extends Flood Insurance Deadline for Wash., Ore.

The Federal Emergency Management Agency has extended a claims deadline for people in Washington and Oregon who had flood insurance for December damage. The deadline for returning a detailed proof of loss statement has been extended to April 2. This …

My New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Nutritional & Dietary Supplements Nuts & Bolts: Travis-Pedersen and Associates Inc. is offering a new …