July 11, 2012
Maine’s top insurance regulator is advising state residents to assess the risks associated with severe weather, and take steps to protect themselves and their property. Maine Insurance Superintendent Eric Cioppa reminded residents this week that most homeowners insurance policies do …
July 9, 2012
Some of Vermont’s estimated 3,700 flood insurance customers could see their premiums increase by up to 20 percent.Since Hurricane Katrina in 2005, the National Flood Insurance Program has been operating at a loss and many of the changes approved by …
July 9, 2012
President Barack Obama has signed the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012” into law. The law extends the National Flood Insurance Program (NFIP) for five years and makes reforms to the program. The Senate and House passed …
July 3, 2012
New York will be offering its annual training session this month for property/casualty insurance adjusters who want to seek or maintain certification so they can conduct adjuster services for claims filed under National Flood Insurance Program (NFIP) policies. The training …
June 29, 2012
The Independent Insurance Agents & Brokers of America today praised Congress for passing the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012.” The legislation will extend the National Flood Insurance Program (NFIP) for five years and make reforms to …
June 26, 2012
The Senate bill to renew the federal flood insurance program is being jeopardized by a Republican senator who is insisting on an amendment to the bill that defines “when life begins,” Senate Majority Leader Sen. Harry Reid, D.-Nev., said today. …
June 26, 2012
The Obama Administration has signaled its support for a Senate bill (S.1940) to reauthorize the National Flood Insurance Program (NFIP). The Senate advanced the bill yesterday but did not vote on it as Majority Leader Sen. Harry Reid, D.-Nev., indicated …
June 22, 2012
Now that the U.S. Senate has voted on a federal farm bill, it is scheduled to take up federal flood insurance starting Monday. Senate Majority Leader Harry Reid has officially filed “cloture” on the measure (S.1940) and it has been …
June 4, 2012
As expected, President Barack Obama on May 31 signed into law an extension of the federal flood insurance program until July 31. H.R. 5740, agreed to by the House and Senate last week, reauthorizes the National Flood Insurance Program (NFIP) …
May 31, 2012
As expected, the U.S. House of Representatives agreed with a Senate a measure extending the federal flood insurance program for 60 days until July 31. President Obama is expected to sign the legislation into law before the current authorization for …