21st Century, HomeWise 21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain policies from HomeWise Preferred Insurance Co. Terms of the transaction …
Flood Hiatus “That’s scary.” —John Prible, vice president of federal government affairs for the Independent Insurance Agents and Brokers (the Big “I”), commenting on the prospect of Congress not renewing the National Flood Insurance Program before it recessed for a …
As many feared, Congress adjourned until April 12 after failing to agree on an unemployment benefits bill that included a provision with an extension of the National Flood Insurance Program. As a result, the federal flood insurance program’s authority to …
Florida’s 21st Century Holding Co. announced that its subsidiary Federated National Insurance Co. (FNIC) has received a capital infusion of $10 million. The transaction follows the previously announced notice from Demotech, Inc., a rating agency, requiring that FNIC obtain additional …
Questions about aging river levees in metro Albuquerque, N.M., could mean insurance premium hikes as high as $2,000 annually for thousands of property owners. The U.S. Army Corps of Engineers has rated the condition of the 1950s-era levees as poor, …
As insurance and real estate agents and homeowners feared, Congress left Washington without extending the federal flood insurance program. Congress adjourned until April 12 after failing to agree on an unemployment benefits bill that included a provision with an extension …
Insurance and real estate agents are being advised to prepare their clients for another possible interruption of the federal flood insurance program in three days, which could be longer than the one that happened last month. The Senate is expected …
21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …
Unfinished Work “This continuing decline in highway deaths is encouraging, but our work is far from over.” —National Highway Traffic Safety Administrator David Strickland says the federal agency wants to see fatality rates drop further. The number of overall traffic …
When the swollen Red River threatened his house in Moorehead, Minn., last spring, all Mark Baumgardner could do was pack up, leave and hope he wouldn’t lose everything, since didn’t have flood insurance. In the end, his house was spared. …
