Floods News

Declarations

Get Rid of the Trailers “People are frustrated. People do not like the idea of having these trailers right next to them five years after Katrina.” —Councilman Jon Johnson, whose district includes hard-hit eastern New Orleans and the Lower Ninth …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low-to-moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into a zone …

Flood News

The good news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. The bad news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. It’s good news because …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low to moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into …

House Joins Senate in Extending Flood Insurance for 1 Year

The U.S. Senate and the House of Representatives have both approved a one-year reauthorization of the nation’s flood insurance program. The measure, S. 3814, will extend the National Flood Insurance Program (NFIP) until Sept. 30, 2011. As of press time …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low to moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into …

Flood News

The good news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. The bad news is that the National Flood Insurance Program (NFIP) has been extended until Sept. 30, 2011. It’s good news because …

Rep. Taylor Frustrated Over Failure of Windstorm Coverage Add-On

In Pascagoula, Miss., on the Gulf Coast, agent Laverne Nelson has to get windstorm coverage for her personal property from the state wind pool. That is because in April her property insurer, MetLife Property & Casualty, dropped her wind coverage. …

President Obama Signs 1-Year Flood Insurance Bill

It’s official: the federal flood insurance program will be around for at least one more year. President Obama yesterday signed into law S. 3814, the bill that will extend the National Flood Insurance Program (NFIP) until Sept. 30, 2011. Without …

Post-Katrina Duties and Liabilities of Insurance Agents and Brokers

Following Hurricane Katrina, many insurance agents and brokers found themselves being sued by their customers when they realized that they were underinsured for their losses caused by the hurricane. It is fair to say that most of those claims involved …