Flood Insurance News

Further Challenges to Anti-Concurrent Cause Clauses

Hurricane Katrina brought the question of the validity and applicability of ACCs to the forefront. Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost …

Legislation to Extend National Flood Program Introduced into Congress

Legislation that would temporarily extend the National Flood Insurance Program (NFIP) until March 31, 2010, was introduced into Congress yesterday. House Financial Services Housing Subcommittee Chairwoman Maxine Waters, D-Calif., and Committee Chairman Barney Frank, D-Mass., introduced the extension bill, which …

Southwest Illinois Seeks Senator’s Help in Flood Mapping

Leaders in southwestern Illinois hope the state’s senior U.S. senator gets the region another delay in the publication of newly drawn Mississippi River flood maps. Once completed, the new Federal Emergency Management Agency maps are expected to produce a dramatic …

People

Jeffrey A. Vanderpool has been promoted to senior vice president and chief claims officer at Sunshine State Insurance Co. in St. Augustine, Fla. Vanderpool has served as vice president of caims since he joined the insurer in 2003. Prior to …

Business Moves

TWFG General Agency, Universal North America, Lincoln General The Woodlands, Texas-based TWFG General Agency has entered into an agreement with Universal North America Insurance Co. to offer renewal policies to Lincoln General Insurance Co.’s Texas policyholders. Lincoln General’s current in-force …

Central Oversight of Levees Needed in Arkansas

Arkansas is putting its residents and economy at risk by failing to adopt a centralized system for flood-levee oversight, the state’s lawmakers have been told. Representatives from the Arkansas Natural Resources Commission told members of the Legislative Joint Audit Committee …

State Auto to Offer Flood Insurance

Beginning June 30, Columbus, Ohio-based State Auto Insurance Companies will add flood insurance to the list of State Auto coverages available for home, business and farm offered through more than 3,400 independent insurance agencies. The company noted that every property …

Enviros Sue FEMA Over Oregon Flood Plain Development

Environmental groups sued the Federal Emergency Management Agency, saying the agency failed to consider how its national flood insurance program affects Oregon’s federally protected salmon and steelhead. The National Wildlife Federation, Audubon Society of Portland and other groups say FEMA …

TWFG General Agency, Universal NA to Accept Lincoln General Policies

The Woodlands, Texas-based TWFG General Agency has entered into an agreement with Universal North America Insurance Company to offer renewal policies to Lincoln General Insurance Company’s Texas policyholders. According to TWFG’s announcement, current in force policies will continue to be …

Fireman’s Fund Offers Surface and Flood Endorsement in Washington

Novato, Calif.-based Fireman’s Fund Insurance Co. is now offering a Surface Water and Flood endorsement to its Prestige Home Premier policyholders in Washington. Intense storms over the Pacific Ocean bring heavy rains to Washington each winter and spring. Weather conditions …