December 2, 2013
Louisiana’s Department of Insurance has joined a lawsuit filed by Mississippi against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. Commissioner Jim Donelon said that the department had filed an …
December 1, 2013
Maine communities are criticizing new maps proposed by the federal government that show future flooding risks near the state’s coast that could impact what kind of insurance property owners must buy. The Flood Insurance Rate Maps released in November by …
November 27, 2013
Massachusetts’ top insurance regulator recently spoke about the state of the insurance industry in Massachusetts, with topics ranging from the auto insurance marketplace and the Biggert-Waters Flood Insurance Reform Act to Boston bombing insurance claims. Speaking at the Massachusetts Association …
November 25, 2013
The Federal Emergency Management Agency (FEMA) said it cannot extend the deadline for Superstorm Sandy victims who may want to file lawsuits challenging a denial or disallowance of all or part of their federal flood insurance claims. FEMA’s announcement is …
November 18, 2013
Steep rate increases for flood insurance are hitting homeowners and businesses across south Louisiana, and state officials and business leaders warn the increases could severely damage local economies. Despite the calls for alarm, Gov. Bobby Jindal has largely stayed quiet …
November 8, 2013
Insurance agents in Austin, Texas report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities. Roughly 650 homes and businesses were either damaged or destroyed …
November 4, 2013
Salt Lake County, Utah’s levee systems are in unacceptable shape, according to a review by the U.S. Army Corps of Engineers. Officials with the Corps’ Sacramento District announced Friday that they found several problems in levees along the 12-mile Surplus …
October 28, 2013
Some New York City residents may soon face sharp increases in their flood insurance premiums as a result of major changes occurring in the National Flood Insurance Program and the redrawing of flood maps that expand the areas at risk, …
October 25, 2013
Two U.S. senators representing New York State, Sen. Charles Schumer and Sen. Kirsten Gillibrand, this week called on Federal Emergency Management Agency (FEMA) to extend the statute of limitations for Sandy victims seeking to legally challenge their flood insurance payout …
October 24, 2013
A year after Superstorm Sandy catastrophically flooded hundreds of miles of eastern U.S. coastline, thousands of people still trying to fix their soaked and surf-battered homes are being stymied by bureaucracy, insurance disputes and uncertainty over whether they can even …