NFS Edge Insurance Agency, Inc., a unit of Aon National Flood Services, Inc., through its Insurmark division has launched a new private flood insurance alternative to the Residential Condominium Business Association Package (RCBAP) for condo associations located in high flood …
The Federal Emergency Management Agency’s review of Superstorm Sandy flood insurance claims is taking longer than expected, with fewer than 200 checks issued. FEMA announced in March the review for as many as 142,000 claims after homeowners complained they were …
Florida State Representative Bill Hager says the state is turning up the heat on the National Flood Insurance Program as Florida residents become increasingly concerned with the high rates they are paying for flood insurance coverage. Lawmakers like Hager, State …
New York State Assemblyman Phil Goldfeder (D – Rockaway Beach) is reaching out to congressional representatives in Mississippi and Louisiana communities hardest hit by Hurricane Katrina in 2005 to encourage collaboration on reforming the National Flood Insurance Program (NFIP). Goldfeder …
The Federal Emergency Management Agency (FEMA) announced a 30-day deadline extension for National Flood Insurance Program (NFIP) policyholders who are considering requesting Superstorm Sandy-related payment reviews. The announcement means the initial Sept. 15 deadline has now been formally extended to …
Florida Insurance Commissioner Kevin McCarty said on Aug. 14 that the National Flood Insurance Program’s (NFIP) rates for Florida may be “unfairly discriminatory” and that his office will ask for the actuarial study, including data and models used to determine …
The Federal Emergency Management Agency says it strongly encourages National Flood Insurance Program policyholders seeking Superstorm Sandy-related payment reviews to submit them by Sept. 15, but will consider all requests that come in. Agency spokesman Rafael Lemaitre said on Aug. …
The federal government has started making new payments to victims of Superstorm Sandy after a review found that some policyholders were not paid what they were due from the National Flood Insurance Program. The Federal Emergency Management Agency announced Monday …
To review prior articles, links are here for Part I, Part II, and Part III. Part IV What the Insured Said Let’s bring this discussion back full circle to discuss what happened. What did the insured actually mean by “We …
National Flood Services, a division of Affinity Insurance Services, has introduced a line of private flood insurance products that will be delivered via the FloodChoice agent system. The new products offer options for consumers and insurance agents. According to John …
