Flood Insurance News

Regulatory SOS: Leveraging Change to Succeed in the Flood Space

April 5, 2016- Change isn’t always easy. If you’re an insurance agent or WYO facing the April 1, 2016, regulatory changes to the National Flood Insurance Program (NFIP), you know this all too well. As FEMA continues to phase out the …

Riding Out the “Perfect Storm”: Navigating Change in Today’s Volatile Flood Insurance Market

April 1, 2016- If you are an insurance agent trying to survive in today’s competitive marketplace, you may have dipped your toes in the flood insurance waters, so to speak. If you have not, get ready to jump in, because there’s …

4 Parishes Added to Louisiana Disaster Declaration

Four more parishes have been added to a presidential disaster declaration that followed recent historic flooding in Louisiana. Sen. David Vitter’s office said that the latest additions are Jackson, Rapides, Red River and Sabine parishes. The disaster declaration makes public …

Flooded Interstate 10 in Southeast Texas to Remain Closed for Days

Highway officials say flooded Interstate 10 in Southeast Texas will stay closed through the weekend. Transportation officials closed the eastbound lanes early on March 15 as rising waters from excessive rains flooded the roadway. Westbound lanes were closed on March …

Iowa City $59M Flood Prevention Project in the Works

Iowa City is preparing to start work on a $59 million flood recovery and mitigation project. The Iowa City Press-Citizen reports that crews began removing trees last week in preparation for the Gateway Project, which was prompted by the record-setting …

Penn. Hails House Committee Passage of Private Flood Insurance Bill

Pennsylvania Insurance Commissioner Teresa Miller hailed a recent vote by the U.S. House of Representatives Financial Services Committee approving the Flood Insurance Market Parity and Modernization Act (H.R. 2901). Miller said this legislation encourages more private insurers to write flood …

Rising Rivers, Bayous Force Texas Evacuations

Residents were evacuating their homes in Southeast Texas on March 15 as rivers swollen by days of heavy rain displaced thousands of people, forced the temporary closure of a major interstate and overwhelmed small towns along the Louisiana border. People …

Water Starting to Recede from Homes in North Louisiana

Emergency officials in Louisiana and Mississippi were watching the rise of the Pearl River that divides the two states on March 14 amid widespread flooding that has damaged thousands of homes. In north Louisiana, the water has started to recede …

Louisiana Lashed by Severe Weather, Flooding

Recent torrential rains that pounded Louisiana left roads impassable, submerging cars and forcing people from their homes overnight. The Bossier City area across the Red River from Shreveport took the brunt of the storm that began saturating northern Louisiana late …

Storm System Dumps Heavy Rain on South Central States, More Expected

A large storm system has drenched areas in Louisiana, Oklahoma and Texas that were already inundated with heavy rainfall this week. Two people have drowned in Oklahoma and Texas. Nearly a foot of rain fell over parts of northwest Louisiana …