A Republican draft of legislation to reform the federal flood insurance program would renew the program for five years, phase out most rate subsidies, tie coverage limits to the rate of inflation, vary the deductible by how subsidized the premium …
The cost of flood control in North Dakota’s Devils Lake region has surpassed $1 billion, but the worst could be yet to come this spring if forecast predictions of rises in the lake’s level prove accurate, cautions Paul Todhunter, University …
Two counties in the northeastern part of Mississippi are fighting flood zone designations on new maps that are part of a modernization program spearheaded by the Mississippi Emergency Management Agency. Officials in Itawamba and Monroe counties say the flood zone …
River forecasters for the National Weather Service underestimated the flood level that a major river would reach during Nashville’s fatal May floods because they relied on inaccurate data from the U.S. Army Corps of Engineers, the service concluded in a …
With more than 50 percent of the country’s population living in coastal counties, there is an urgent and extensive need to convince consumers to adopt a long-term view of catastrophic risk. That is the conclusion of a symposium organized by …
Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by InsuranceJournal.com in 2010. Good luck! 1. …
Emergency management officials are urging Oahu property owners to buy flood insurance at current rates before new flood maps — and resulting higher prices — kick in next month. The Federal Emergency Management Agency says new National Flood Insurance Program …
The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance program. The National Association of Mutual Insurance Companies (NAMIC) has offered a set of reform proposals designed to improve the …
The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance program. The National Association of Mutual Insurance Companies (NAMIC) has offered a set of reform proposals designed to improve the …
In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates up, said Kevin Baker of San Jose, Calif.-based Suhr …
