Cape Coral Says FEMA Giving More Time on Questioned Rebuilding Info After Ian April 23, 2024 The Federal Emergency Management Agency has granted the city of Cape Coral a 30-day extension to provide more information on...
Viewpoint: US E&S Sector Is Booming…But Is it Too Much Business to Handle? April 8, 2024 By Greg Gaydos Executive Summary: Specialty insurance has experienced significant growth in recent years. Greg Gaydos, senior business development executive at Zywave, looks...
FEMA: SW Florida Stripped of Flood Insurance Discounts After ‘Improper Rebuilds’ April 1, 2024 After spiking premiums, nonrenewals and complaints about unpaid claims, more than 115,000 property owners in southwest Florida are now facing...
Viewpoint: The Imperative of Long-Term NFIP Reform March 19, 2024 By Chris Brown In the wake of a record-shattering 28 billion-dollar extreme weather and natural disaster season in 2023, the U.S. finds itself...
NFIP Pays $364M on Idalia Claims. Florida Bill Requires Flood Disclosure to Buyers March 14, 2024 By Insurance Journal Staff Reports The National Flood Insurance Program has paid out $364 million on flood claims from Hurricane Idalia, the storm that swamped...
FEMA Adds $575M Reinsurance Coverage for NFIP March 11, 2024 The Federal Emergency Management Agency (FEMA) late last week said that for the seventh time it went to the insurance-linked...
Newer, Elevated Structures Had Much Smaller Flood Claims in Ian, FEMA Says February 6, 2024 By Insurance Journal Staff Reports Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the...
FEMA Adds Nearly $620M to Reinsurance Program January 8, 2024 FEMA announced that the agency is transferring $619.5 million more of the National Flood Insurance Program’s financial risk to the...
Louisiana, 9 Other States Ask Federal Judge to Block Increases in National Flood Insurance Program September 18, 2023 By Kevin McGill NEW ORLEANS (AP) – Increases in federal flood insurance premiums that are projected to surpass 700% over the coming years...
Horseshoe Beach Hopes to Rebuild After Idalia, But Most Had No Flood Insurance September 5, 2023 HORSESHOE BEACH, Fla. (AP) — This remote seaside enclave known as “Florida`s Last Frontier” took much of the pounding from...