Flood Insurance News

Flood Insurance Hikes to Affect Thousands in Arkansas

More than half of flood insurance policyholders in the tiny northern Arkansas city of Norfork face premium increases, but Mayor Jim Reeves says the hardship will be felt by everyone. Norfork, population 500 and change, is located at the confluence …

Grant to Help Raise Houses in Louisiana; Flood Insurance a Requirement

The Federal Emergency Management Agency is providing a grant to help pay for the elevation of 16 houses Jefferson Parish. The grant covers about $2.1 million of the estimated $2.7 million total cost of the project. FEMA officials say elevating …

Jersey Shore Residents Hail Passage of Flood Insurance Relief Bill

Sue Suebelka, who had little fish swimming among the shelves of her new refrigerator, won’t have to pay quite as much for flood insurance. Kim Ely, who still washes dishes in a bucket and eats dinner from a microwave in …

Sioux Falls, South Dakota Flood-Control Project Nearly Complete

Sioux Falls, S.D., officials can almost see the finish line in a flood-control upgrade project that has lasted nearly 15 years. But the work construction crews are completing in the city’s west side was not part of the original project. …

Repairs to Levees in Council Bluffs, Iowa Could Cost $50M

Repairs and improvements on Council Bluffs, Iowa’s river and creek levees could cost the city $50 million. The Daily Nonpareil says the estimate comes from a study on the work needed to repair river and creek levees to meet federal …

South Dakota Flood-Control Project Nearly Complete

Sioux Falls, S.D. officials can almost see the finish line in a flood-control upgrade project that has lasted nearly 15 years. But the work construction crews are completing in the city’s west side was not part of the original project. …

Vertafore, StoneRiver Partnership Aims to Make Selling Flood Insurance Easier

Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood insurance when selling homeowners insurance. The partnership integrates NFS’s …

AG Coakley Testifies in Support of Flood Insurance Bill in Massachusetts

Concerned that increased insurance rates caused by new flood zone maps will “tip the balance” for homeowners who weathered the economic downturn but are still feeling its effects, Massachusetts Attorney General Martha Coakley testified Thursday in support of proposed state …

Indiana Homeowners Fear Flood Insurance Sticker Shock

Homeowner Wally Cantrell’s finished basement was destroyed in the June 2008 flood in Columbus, Ind., but his flood insurance policy helped cover a good bit of the repairs. Now, Cantrell wonders if he will soon face a related disaster due …

Cincinnati Officials Say Levee Decision Forced Flood Insurance Purchases

Two city council members in Cincinnati, Ohio, say they want to know more about the decision to decertify a flood levee, which forced hundreds of property owners in Cincinnati to buy flood insurance. Councilman Charlie Winburn said he will launch …