Federal flood insurance officials are urging Congress to renew the federal program. The National Flood Insurance Program is scheduled to expire on May 31 unless Congress acts, in advance, to reauthorize it. “Without reauthorization, the NFIP will be unable to …
U.S. Senator Bob Casey (D-Penn.) is asking flood insurance companies to quickly process remaining claims from Irene and Lee. He says some 25 percent of the claims in Pennsylvania are still not processed. “Pennsylvanians have worked tirelessly to rebuild in …
The U.S. Senate passed an extension of the National Flood Insurance Program (NFIP) through May 31, 2012. The legislation, introduced by Sen. David Vitter, R-La., passed the Senate by unanimous consent and must now be taken up by the House …
U.S. Sen. David Vitter, R-La., has sent a letter to Senate Majority Leader Harry Reid urging him to allow a one-year extension of the National Flood Insurance Program to pass the Senate by unanimous consent. The NFIP is currently scheduled …
In the wake of spring flooding and additional flooding caused by Tropical Storm Irene, state and federal officials are encouraging Vermonters to sign up for federally-backed flood insurance before the end of the month, when the program is set to …
Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker also offered an array of advice for …
Insurers today will again urged federal lawmakers to reauthorize and reform the nation’s flood insurance program, which is slated to lapse on Sept. 30 if Congress does not act. At a hearing today, a Senate Banking subcommittee will hear from …
Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as lawmakers tried to advance reform of the nation’s flood insurance system. The conflict began last year when State Farm dropped …
For agents across much of the Northeast, the last month has brought spates of spring flooding and storms — and has served as a reminder for what is poised to become a political battle this year over frequent lapses and …
A House subcommittee yesterday approved a bipartisan bill to reauthorize and reform the nation’s flood insurance program. The 10 Republicans and eight Democrats on the Insurance, Housing and Community Opportunity Subcommittee approved the bill on a voice vote. The legislation …
