December 16, 2019
Tropical Storm Imelda landed on the Texas Gulf Coast on September 17, 2019. Over the three-day duration of the storm, 43 inches of rain saturated some locations, with nearly 30 inches falling over a 12-hour period. Some areas got hit …
December 13, 2019
If it weren’t for Hurricane Katrina, Chris Greene might not have become an expert in all things flood related. Greene, a Georgia-based independent flood insurance agent, and founder and owner of The Flood Insurance Guru (floodinsuranceguru.com), never intended to become …
December 4, 2019
Berkley One (a Berkley Company), a startup insurance provider high net worth individuals and families, has introduced a new excess flood product, as well as broader geographical capabilities with a launch in Vermont and deepening capabilities in existing states with …
November 8, 2019
The federal government is delaying implementation of a major change to its pricing formula for federal flood insurance that bases rates on a more accurate assessment of the real flood threat for each home and reflects the cost of rebuilding …
November 4, 2019
The North Dakota Water Commission unveiled a new interactive mapping tool that provides residents and community leaders with information on potential flood risks. It shows where flooding might occur and to what extent it could happen in various scenarios, Laura …
October 31, 2019
On a Friday night in August, Diane and Ted Simpson got home from work to find a certified letter from the Harris County Flood Control District notifying them that a portion of their backyard was in a public right of …
October 1, 2019
Two state officials are optimistic that southeast Texans whose homes were flooded by Tropical Storm Imelda will qualify for federal aid. And since it could be weeks before the destruction is fully inventoried, many leaders continue urging residents to report …
September 27, 2019
Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood coverage from admitted private insurers would never exist. …
September 12, 2019
AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country. According to CEO Jim Albert, the new partnership doesn’t change Neptune’s core …
September 5, 2019
The wrath of Hurricane Dorian isn’t over yet and many more communities in its path are at risk and are bracing for the storm after it demolished the Bahamas earlier this week. The extremely slow-moving hurricane is finally reaching the …