Consumer Advisors See Pros and Cons to Internet; Role of Independent Agent Clouded By Commissions Insurance Journal spoke with some of the National Association of Insurance Commissioners (NAIC) consumer liaisons and found that in addition to credit scoring, their issue …
Olive Branch, Mississippi officials have agreed to hire a firm to help the city challenge Federal Emergency Management Agency maps that identify a number of homes as being in flood zones. Being inside a flood zone results in homeowners being …
Mississippi residents cannot afford to ignore the reality that 90 percent of all natural disasters in the nation involve flooding, according to Insurance Commissioner Mike Chaney. Chaney said that Flood Safety Awareness Week (March 16-20) is a perfect time for …
Whether you are an attorney, an insurance agent, adjuster or broker, or an individual insured, when dealing with claims under flood insurance policies, you may be surprised to discover that many things you think you know are wrong, and, particularly …
The damage estimate from last summer’s flooding at the University of Iowa has nearly tripled to $743 million. University officials released the new estimate on Friday. It includes all building and content damage and the costs to relocate building complexes …
The Sierra Club, American Rivers and Taxpayers for Common Sense– all members of the Americans for Smart Natural Catastrophe Policy– are opposing legislation that would add wind insurance coverage to the National Flood Insurance Program (NFIP). According to these groups, …
State emergency officials want homeowners to get flood insurance. Flooding in August 2007 caused $112.4 million in damage to property and crops. Another round of floods in June 2008 caused more than $765 million. Wisconsin Emergency Management says those floods …
The U.S. Senate passed a measure extending the nation’s flood insurance program through September 2009 last night. While the U.S. House of Representatives passed an extension to the National Flood Insurance Program (NFIP) through Sept. 30, 2009, under the omnibus …
Rep. Gene Taylor, D.-Miss., isn’t letting opposition by major insurance companies keep him from pushing his plan to make wind coverage for properties available through the federal flood insurance program. Taylor’s proposal — the Multiple Peril Insurance Act of 2009– …
The Texas Department of Insurance announced that Capitol County Mutual Fire Insurance Company has notified policyholders that their industrial fire insurance coverage will end effective with the policy monthly anniversary date in May 2009. TDI fined Capitol County for bad …
