Flood Insurance News

Flood News

The good news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. The bad news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. It’s good news because …

Flood News

The good news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. The bad news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. It’s good news because …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low-to-moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into a zone …

President Obama Signs 1-Year Flood Insurance Bill

It’s official: the federal flood insurance program will be around for at least one more year. President Obama yesterday signed into law S. 3814, the bill that will extend the National Flood Insurance Program (NFIP) until Sept. 30, 2011. Without …

Post-Katrina Duties and Liabilities of Insurance Agents and Brokers

Following Hurricane Katrina, many insurance agents and brokers found themselves being sued by their customers when they realized that they were underinsured for their losses caused by the hurricane. It is fair to say that most of those claims involved …

House Joins Senate in Extending Flood Insurance for 1 Year

The House of Representatives joined the Senate yesterday in approving a one-year reauthorization of the nation’s flood insurance program. The measure, S. 3814, will extend the National Flood Insurance Program (NFIP) until Sept. 30, 2011. The measure now goes to …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been rezoned on Federal Emergency Management Administration flood hazard maps from low-to-moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into a zone …

House Expected to Go Along with 1 Year Flood Insurance Extension

Congress is on track to temporarily extend within days a troubled program that insures millions of U.S. homes and businesses against floods, with another push for a broad overhaul looking likely next year. The Senate on Tuesday approved an extension …

Senate Extends Flood Insurance for 1 Year; Measure Goes to House

The U.S. Senate last night passed by unanimous consent a measure extending the National Flood Insurance Program for one year until Sept. 30, 2011. The Senate one-year reauthorization must now pass the House of Representatives, which in July passed a …

Iowa State Univ. Flood Damage Estimated at Up to $50M

Flooding that struck Iowa State University in August caused up to $50 million in damage and other costs, but the school started fall classes on time and won’t have to replace any of the major campus facilities that sustained damage, …