Viewpoint: How the Northeastern U.S. Private Flood Market Can Close the Coverage Gap December 22, 2020 By Garrett Mitchell The northeastern U.S. is one of the key areas of the country at risk for flooding, as evidenced by the...
South Carolina Passes Flood Insurance Law to Boost Private Market October 6, 2020 By Amy O'Connor The state of South Carolina is aiming to foster new flood insurance coverage options through the enactment of the South...
Trump Signs Stopgap Government Funding Measure with 1 Year Flood Insurance Renewal October 1, 2020 President Donald Trump signed a funding measure that will keep the federal government running until Dec. 11. The continuing resolution...
NFIP’s Flood Losses Expected to Be ‘Significant’ from Hurricane Sally: AM Best September 18, 2020 Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires...
Tracking Tool Spotlights Repetitive Flood Loss Homes Receiving U.S. Taxpayer Funds September 15, 2020 By Leslie Kaufman Passaic County in New Jersey is not in the hurricane belt nor is it on the banks of a major...
Neptune Flood Expands Coverage to Include All NFIP Classes September 15, 2020 Neptune Flood, an AI-driven flood insurance company, has expanded its flood insurance products to now include all NFIP product types....
RMS Estimate: Insured Losses from Hurricane Hanna Won’t Exceed $400M July 30, 2020 Catastrophe risk products and services company, Risk Management Solutions Inc. (RMS), has estimated that insurance losses in the U.S. from...
Think Tank Urges Flood Insurance Program to Stop Enabling Building in High Risk Areas February 20, 2020 The threat of sea-level rise should force policymakers to rethink policies that encourage development in flood-prone regions. One place to...
Tropical Storm Imelda: Another Unique Weather Event December 16, 2019 By John Dickson Tropical Storm Imelda landed on the Texas Gulf Coast on September 17, 2019. Over the three-day duration of the storm,...
FEMA Envisions High-Tech Flood Insurance Program Using Parametrics, Blockchain November 26, 2019 By Jim Sams Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency’s toolbox as it strives to close...