Flood Insurance News

Rhode Island Charges Ex-Providence Politician with Fraud

A former North Providence councilman already accused of corruption was indicted Thursday along with three others, including an on-air radio personality, of trying to rip off an insurance company by intentionally damaging a home and filing a bogus claim. A …

Illinois Counties Sue FEMA Over Flood Maps

State’s Attorneys of Madison, St. Clair and Monroe counties in Illinois and a host of other impacted parties have filed suit in federal court against the Federal Emergency Management Agency (FEMA) and its director Craig Fugate over new flood maps. …

Louisiana Still Owes Most of Judgement in 1983 Flood

Bob McBride Jr. was 18 when he pushed a flat-bottomed boat holding his family and neighbors through chest-high water to safety in Tangipahoa Parish. Nearly 30 years later, he and hundreds of others still are waiting for the state to …

Myrtle Beach Suing Hotels for Risking City’s Flood Insurance Coverage

The city of Myrtle Beach is suing 11 hotels to make them remove their swimming pool enclosures. The Sun News of Myrtle Beach reported the federal suit filed last week contends the enclosures violate federal rules, risking the city’s coverage …

Gulf Region Property Markets Still Troubled 5 Years After Katrina

Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance, according to a report from the RAND Corp. …

Gulf Region Property Markets Still Troubled 5 Years After Katrina

Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance, according to a report from the RAND Corp. …

ABI Expresses ‘Disappointment” on UK Gov’t. Plans to Cut Flood Funds

The newly installed UK government has been announcing cutbacks in all sectors of the economy in order to bring down Britain’s budget deficit. The cuts will effect investment in flood defense spending as well. Nick Starling, the Association of British …

California Commissioner Hopeful: Assemblyman Dave Jones

On November 2, Californians will select a new insurance commissioner, charged with regulating the fourth-largest insurance market in the world at about $160 billion. Assemblyman and Democrat Dave Jones recently shared why he has the experience to tackle such topics …

Home, Flood Insurance Markets Still Troubled 5 Years After Katrina

Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance, according to a new study from the RAND …

Some Rezoned Flood Insurance Policyholders Get Price Break

The nation’s flood insurance program is extending the availability of lower cost policies for some property owners who have been recently remapped into higher-priced areas. Since 2008, many homes and businesses in the United States have been rezoned on Federal …