GAO compared the number of NFIP policies in a given area, as of September 2006, with the total number of county flood declarations from January 1980 to June 2008, cumulative flood claims payments from January 1978 to April 2008, and …
A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that trend, while not reversed, …
But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …
Crop of New Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies nationwide declined, but that trend has halted. There were 37,500 agencies in 2008 …
With record amounts of snow in North Dakota, Insurance Commissioner Adam Hamm is urging homeowners, renters and business owners to consider buying a flood insurance policy. Hamm says there’s a 30-day waiting period before a policy becomes effective, and it’s …
The Mississippi Development Authority says federal grants to help coast homeowners meet new post-Katrina flood standards are nearing $60 million. MDA’s Elevation Grant Program is scheduled to complete all applicant award determinations by late March. MDA disaster recovery official Jon …
North dakota insurance agents are seeing more Fargo homeowners interested in flood insurance, after a winter of heavy snow and forecasts of spring flooding Ken Kraft is an American Family Insurance agent in south Fargo. He says it’s been the …
Nearly four years after the devastation of Hurricane Katrina, researchers called on the federal government to upgrade its flood maps, arguing that the effort could save lives as well as stem losses to properties and businesses. The Federal Emergency Management …
The nation’s lawyers who deal with insurance issues are developing policy recommendations designed to improve access to insurance coverage, reduce litigation over coverage and mitigate future losses involving natural catastrophes. In several respects, the proposals by the American Bar Association …
Aloha Insurance of Kailua-Kona, Hawaii, welcomes back flood expert Judy Moa, who recently returned from three months in Houston adjusting FEMA claims after Hurricane Ike. She was also involved in adjusting some of the Oahu and Kauai flood claims. Moa …
