insurance flood coverage News

New England Flood Insurance Launches Flood Coverage for Homeowners

New England Flood Insurance (NEFI) is now offering flood insurance to homeowners in New England. Coverage is underwritten by NEFI and backed by an A rated carrier and is not affiliated with the National Flood Insurance Program. NEFI will use …

Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes

Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners. Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1 million or more in selected states nationwide. By …

Vertafore, StoneRiver Partnership Aims to Make Selling Flood Insurance Easier

Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood insurance when selling homeowners insurance. The partnership integrates NFS’s …

Homeowners Choice Sells First Flood Policy in Florida

Homeowners Choice Property & Casualty Insurance Co., Inc., a Florida based provider of admitted homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., is now selling flood insurance to existing customers in Florida. Many Florida residents have seen a …

Ironshore Personal Lines Unit to Offer Excess Flood Coverage

Ironshore’s Personal Lines unit is expanding flood insurance coverage for high net worth homeowner clients. The excess flood insurance is an endorsement available on homeowners policies underwritten by Ironshore through its network of program administrators. The coverage provides an excess …

Calgary Flood Caused Power Outages May Last Months; Insurance Coverage Minimal

Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record breaking flood waters moved downstream to threaten smaller communities in southeastern Alberta. Even as officials told 65,000 …