June 26, 2012
New Mexico’s two U.S. senators are pushing legislation that would make it easier for residents affected by wildfires on federal lands to take advantage of flood insurance administered by the Federal Emergency Management Agency. Sen. Jeff Bingaman introduced the measure …
June 19, 2012
It’s almost time. After seventeen (count ’em–17) short-term extensions, almost a half dozen lapses in the program, and tons of political wrangling, a flood insurance reform bill–a real one–is going to come to the Senate floor as soon as tomorrow. …
June 19, 2012
As Hurricane Season begins, Privilege Underwriters Reciprocal Exchange (PURE) has launched a flood coverage suite to owners of well-built, high-value homes across most of the United States. PURE Flood Solutions is a customizable offering that allows PURE members (policyholders) to …
June 14, 2012
Philadelphia Insurance Cos. has introduced a new commercial primary flood insurance product designed to be an alternative to businesses enrolled in the National Flood Insurance Program (NFIP). There are a vast number of flood-related risks, many of which are unique …
May 31, 2012
Lafourche Parish, La., officials say the repair of two pumping stations in the Raceland area will help protect against flooding. The parish will be rebuilding the Cyprien Pump Station, which services the low-lying area south of La. Highway 1 and …
May 22, 2012
Zurich has announced that SWBC, a diversified financial services company, will be a program administer writing excess flood policies for Zurich in all 50 states. The policies will provide coverage above the National Flood Insurance Program (NFIP) and will cover …
April 30, 2012
U.S. Sen. David Vitter is pushing for a long-term extension of the National Flood Insurance Program. The Louisiana Republican wants to stop extending the program with short-term extensions. The insurance program, which provides help for people who are flooded, hasn’t …
April 17, 2012
A bill recently passed by Florida lawmakers could hinder the ability of some communities to participate in the federally funded flood insurance program, federal officials say. The Federal Emergency Management Agency recently wrote a letter to Gov. Rick Scott detailing …
April 17, 2012
Federal emergency officials are calling on insurance agents to stop offering clients a cut of the agent’s commission if the client agrees to purchase a flood policy. The Federal Emergency Management Agency is taking aim at so-called “commission rebating.” It …
April 3, 2012
Broome County Executive Debbie Preston in New York recently hosted an open house to help local residents who are still suffering from last year’s flooding. The event was held at the Binghamton University campus, State University of New York, on …