Insurance agents with customers waiting to be covered in the federal flood insurance program should tell those customers about the program’s suspension, an insurance expert is advising. As reported by Insurance Journal, the program could be in limbo for about …
The Senate last week failed to vote on bills to extend several federal programs including jobless benefits, COBRA subsidies, transportation project funding and flood insurance before these programs expired Feb. 28. A single senator, Jim Bunning, R-Ky., has derailed final …
The mayor of Miles City, Mont., said a new federal map nearly doubles the size of the city’s 100-year flood plain and could result in hundreds of residents paying for increased flood insurance. Joe R. Whalen said the maps by …
What events have shaped the modern insurance landscape? Which ideas, innovations and accidents stand out as landmarks in the development and growth of this most important industry known as insurance? Following is one person’s opinion of the seven wonders of …
Mississippi Gulf Coast policyholders are well aware a hurricane is guaranteed to hike insurance rates, but fewer realize their credit reports also are factored into homeowner and automobile insurance premiums. Consumers who have suffered financial setbacks because of the economy …
Washington is one step closer to allowing the creation of a flood insurance joint underwriting association (JUA), a publicly sponsored, temporary, not-for-profit insurer of last resort to provide flood insurance when the coverage becomes unavailable on the open market. The …
With the potential for serious flooding in the Red River, Minnesota and possibly Mississippi river valleys this spring, Governor Pawlenty is reminding insurance agents to talk with their homeowners customers about optional flood insurance before the snowmelt and spring rains. …
Washington House passed legislation allowing for the creation of a flood insurance joint underwriting association (JUA) as an insurer of last resort for businesses in the Green River Valley. House Bill 2560, which passed by a 66-30 vote, would allow …
Galveston, Texas, officials are encouraging residents whose homes were battered by Hurricane Ike to seek federal rebuilding assistance. The city on Feb. 28 has to report to the state its progress in administering the $104 million federal Community Development Block …
Washington is one step closer to allowing the creation of a flood insurance joint underwriting association (JUA), a publicly sponsored, temporary, not-for-profit insurer of last resort to provide insurance when certain types of coverage become unavailable on the open market. …
