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Nationwide Insurance Pushes to Include Flood Coverage in Home Policies

National News • June 27, 2008
One of the nation's largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and ...

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Subject: A House of Cards?

Posted On: June 27, 2008, 2:06 pm CDT
Posted By: Vlad
Comment:
Current payments made to Katrina flood victim policy holders ONLY from National Flood with about 98% paid - $15,760,144,120.

Total premiums paid COUNTRYWIDE into the Nationa Flood Insurance Program in 2004 - approximately - $2,000,000,000.

Total shortfall - $13,760,144,120.

So how much would that cost in reinsurance?
Subject Posted By Posted On
RE: RE: Flood SWFL Mark
Jun 30, 2008, 3:39 pm
RE: Flood Kent
Jun 30, 2008, 10:53 am
RE: RE: Flood Dirty Work
Jun 30, 2008, 8:46 am
RE: Flood Chris Bailey
Jun 29, 2008, 7:52 am
A House of Cards? Vlad
Jun 27, 2008, 2:06 pm
Flood Dennis J. Migliazzo
Jun 27, 2008, 1:38 pm
RE: RE: Flood You say potato, I say.....
Jun 27, 2008, 1:18 pm
RE: Flood Insurance Dread
Jun 27, 2008, 1:14 pm
RE: Flood Flood Learner
Jun 27, 2008, 11:39 am
Flood What's new?
Jun 27, 2008, 11:33 am
RE: Flood Insurance Flood Learner
Jun 27, 2008, 10:51 am
Flood Insurance Mark
Jun 27, 2008, 10:26 am
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