Florida’s Altmaier Sees His State’s Private Flood Insurance Market Helping Others June 7, 2021 By Amy O'Connor Florida has 90,000 private flood insurance policies in force now– a 300% increase since passing legislation to encourage private insurers...
Pennsylvania Property Owners Encouraged to Purchase Flood Insurance June 2, 2021 Pennsylvania Insurance Commissioner Jessica Altman is urging property owners to consider purchasing flood insurance to protect their homes, businesses and...
New Federal Flood Insurance Rating Plan to Start Oct. 1 April 5, 2021 By Alwyn Scott Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under...
FEMA Knows About Trying to Build Back Better Infrastructure March 29, 2021 By Leslie Kaufman Lawmakers in Washington are gearing up for the Biden administration’s first major legislative challenge: a set of measures on long-term...
FEMA: 87% of Federal Flood Claims from Hurricane Laura Closed in Louisiana March 5, 2021 The majority of National Flood Insurance Program claims in Louisiana stemming from Hurricane Laura, which hit the state in August...
FEMA Buys More Flood Reinsurance; Decision Near on Insurance Rate Change Plan March 5, 2021 The federal government has bought additional reinsurance to cover losses of the National Flood Insurance Program. On Feb. 23, the...
Many States Lack Flood Risk Disclosure Laws for Homebuyers March 1, 2021 Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses February 22, 2021 By Andrew G. Simpson If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured...
Over $115M in Federal Flood Insurance Paid in Louisiana for 2020 Hurricanes February 2, 2021 As of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims...
Keeping Up with Changes in Florida’s Growing Private Flood Market January 25, 2021 By Garrett Mitchell Flooding is America’s number one natural disaster and as the highest “at risk” state in the country, Florida is the...