April 28, 2010
A bill to overhaul the troubled U.S. National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee. The bill, if approved in the full House and …
April 28, 2010
Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …
April 19, 2010
Two years ago, Larry Frese thought he’d escaped the worst of a flood that had left a lot of his neighbors’ homes in Chelsea, Iowa, and a large swath of the state underwater, even as overflowing Otter Creek lapped at …
April 15, 2010
A Mississippi couple and the insurer they were suing over hurricane damage to their coastal home from Hurricane Katrina have settled their closely-watched case out of court. The terms were not disclosed. The case, Corban v. USAA, dealt with what …
April 15, 2010
Congress Thursday voted to restore jobless benefits for hundreds of thousands of Americans who had lost them during a partisan standoff in the Senate over spending. [The bill also reauthorizes the federal flood insurance program until the end of May …
April 14, 2010
A measure that would restore lapsed jobless aid for hundreds of thousands of Americans and reauthorize the federal flood insurance program cleared a hurdle in the Senate Wednesday, clearing the way for passage later in the week. By a vote …
April 13, 2010
The U.S. Senate voted Monday to end debate on a bill to extend unemployment benefits and COBRA health insurance subsidies that also includes a reauthorization of the national flood insurance program. The vote to end a Republican fillibuster was 60 …
April 12, 2010
Congress today could advance a provision reinstating the flood insurance program as part of a bill extending unemployment benefits and subsidies for COBRA health insurance premiums. The Senate is scheduled to vote on whether to end debate on the legislation, …
April 7, 2010
U.S. Sen. Jon Tester says federal officials have delayed for a year a plan to decertify levees in Great Falls, Mont., an action that could have spurred higher flood insurance rates. Across the country, the Federal Emergency Management Agency is …
April 7, 2010
Amid wind-whipped exhaust fumes and an early March cold front, Connecticut insurance agent Michael Gergler ducks inside the lobby of the Wardman Park hotel in Washington, D.C. and surveys the lobby where roughly 150 other insurance agents have gathered. It’s …