Flood Insurance News

Summer Recreation Business a Washout Due to Illinois River Floods

Flooding along the Illinois River that has prompted National Weather Service warnings and closed the waterway to boaters for weeks this summer has dampened recreational activities. Marina owners, boat shop workers and campground managers along the river in central Illinois …

Wright National Flood Insurance Co. Ratings Affirmed

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Wright National Flood Insurance Co. (WNFIC) in San Antonio, Texas. The outlook for both ratings is stable. The ratings of WNFIC, formerly known as …

New York’s Utica First to Withdraw From WYO Flood Insurance Program

Utica First Insurance Company in Oriskany, New York, notified its independent agency partners last week that the company will withdraw from the Write Your Own (WYO) Program, a cooperative undertaking of the insurance industry and the Federal Emergency Management Agency’s …

Oklahoma’s Request for Flood Claims Extension Approved

Oklahomans with flood damage will have extra time to file their insurance claim. The Federal Emergency Management Agency (FEMA) has given National Flood Insurance Program (NFIP) policyholders an extra 180 days to file a claim. “This extra time to file …

FEMA Sets Sept. 15 Deadline for Requesting Sandy Flood Claims Review

The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review process. “While extensions may be granted …

Judge Won’t Budge on Start of Minnesota Levee Construction

Construction of a ring levee that’s related to a Red River diversion project around the Fargo and Moorhead, Minn., area must remain on hold, a federal judge from Minnesota has ruled. U.S. District Judge John Tunheim in May put levee …

Arkansas Lawmaker: Flooding Highlights Need for Levee Standards

Changes to Arkansas’ levee system after recent flooding in the state should be on the agenda if the Legislature is called back into a special session , a key lawmaker said. Republican Sen. Jason Rapert, who chairs the Senate Insurance …

Remnants of Tropical Storm Bill Headed for the Midwest

Tropical Storm Bill wrung out almost 12 inches of rain over parts of eastern Texas, was downgraded to a depression and then handed off from the National Hurricane Center to the Weather Prediction Center. That doesn’t mean the U.S. is …

N.J. Sen. Menendez Warns of Predatory Groups Targeting Sandy Victims

U.S. Senator Bob Menendez (D-N.J.) is urging Sandy victims to be wary of scam-artists offering to help them navigate through the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP) claims review process in exchange for a substantial cut …

Construction of 2 Flood Barriers in Iowa City Almost Finished

Workers are finishing up two multimillion dollar flood barriers in Iowa City even as residents welcome a break from flooding that has hit the area in past years. Forecasters with the National Weather Service predict a less than 5 percent …