Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To the casual observer, it would seem that price is the …
The National Flood Insurance Program (NFIP), which expired at midnight on May 31, is not expected to be able to issue new policies for a week or longer. As reported by Insurance Journal last Friday, Congress left town for the …
For the fourth time in the past year, the nation’s flood insurance program will lapse because Congress has not voted to reauthorize it. That’s the latest on Capitol Hill, according to property/casualty lobbyists and other sources. As a result, the …
Brian Berend, of Brian Berend Agency in Auburn, Wash., has been named FloodSmart Agent of the Year for 2010. The FloodSmart Award recognizes an agent who has made an outstanding effort to promote the National Flood Insurance Program and raise …
A federal revision of flood maps in 17 Texas coastal counties based on information from Hurricane Ike could lead to costly insurance increases for some homeowners. The Houston Chronicle reported that hurricane levees completed in the 1980s are unlikely to …
Louisiana Insurance Commissioner Jim Donelon kicked off his summer storm tour to raise awareness for hurricane and flood preparedness by urging consumers to protect themselves and their property against Louisiana’s most frequent and unpredictable natural disasters. Experts are predicting an …
Property owners across the country fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two years, …
Officials Harvey County, Iowa, say some residents may need to buy flood insurance under new federal maps of the area’s flood plain. Scott Davies, director of the Harvey County Planning and Zoning, says 270 residents of unincorporated areas may be …
Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about the problem. “Very important: DO …
Bermuda’s Minister of Finance, the Hon. Paula A. Cox, announced that Bermuda has concluded negotiations for a bilateral agreement with the Italian Republic that will, “upon signing later this year, provide for a full exchange of information on criminal and …
