There is a new study out that examines the U.S. flood insurance program. And it says that according to its calculations, there are some regions in the country where National Flood Insurance Program (NFIP) premiums are too high. The report …
Federal Emergency Management Agency (FEMA) issued a new bulletin telling insurers that they should cooperate with state regulators on questions regarding federal flood insurance. There has been an ongoing turf battle between FEMA and New York officials on regulating local …
U.S. Senator Charles Schumer (D-N.Y.) is calling on flood insurance companies to speed up their processing of insurance claims from tropical storms Irene and Lee to ensure that FEMA aid reaches flood-damaged communities more quickly. Schumer, the U.S. Senate’s third-ranking …
Some residents and business owners in the city of Lafayette, La., and unincorporated parts of the parish will soon be paying 10 percent less for flood insurance. The Federal Emergency Management Agency said the savings comes about because Lafayette Consolidated …
Officials say the levee near Percival, Iowa, that failed in last summer’s Missouri River flooding will undergo temporary repairs but will remain vulnerable to severe flooding next year. KETV-TV reported damage to the levee is about $120 million but only …
WRM America Holding Company, a specialty lines P/C insurance and risk management holding company, completed the acquisition of Fidelity National Indemnity Insurance Company (FNIIC), the flood insurance business of Fidelity National Financial. FNIIC is the nation’s largest provider of federal …
North Dakota flood victims with flood insurance have been given even more time to file claims. The state’s congressional delegation says the Federal Emergency Management Agency is providing another 30 days for National Flood Insurance Program policyholders along the Missouri …
South Dakota flood victims have been given more time to file flood insurance claims. Policyholders typically have 60 days to file a claim after suffering damage. Officials with the National Flood Insurance Program say South Dakotans along the Missouri River …
North Dakota state and local officials say a flood-control plan for the Souris River is on track. The proposal’s outlines are being announced on Nov. 3 in Minot. It will be followed by a series of public meetings. State Water …
The National Flood Insurance Program (NFIP) said it is offering insurance agents free training seminars on flood insurance in several locations across Pennsylvania. The seminars will cover basic insurance issues and also focus on how best to assist NFIP policyholders …
