National Flood Insurance Program News

Florida Commissioner McCarty Says NFIP Rates May Be Unfairly Discriminatory

Florida Insurance Commissioner Kevin McCarty said on Aug. 14 that the National Flood Insurance Program’s (NFIP) rates for Florida may be “unfairly discriminatory” and that his office will ask for the actuarial study, including data and models used to determine …

FEMA Encourages Sandy Claimants Seeking Reviews to Meet Sept. 15 Deadline

The Federal Emergency Management Agency says it strongly encourages National Flood Insurance Program policyholders seeking Superstorm Sandy-related payment reviews to submit them by Sept. 15, but will consider all requests that come in. Agency spokesman Rafael Lemaitre said on Aug. …

FEMA Makes 1st New Payments to Sandy Flood Claimants After Review

The federal government has started making new payments to victims of Superstorm Sandy after a review found that some policyholders were not paid what they were due from the National Flood Insurance Program. The Federal Emergency Management Agency announced Monday …

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 …

2015 Tennessee Insurance Legislation Wrap-Up

Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015.   Uninsured Motorist, “James Lee Atwood Jr. Law” The James Lee Atwood Jr. Law, named for a driver who was killed by an uninsured motorist in …

Deadline to File Flood Insurance Claims in Oklahoma Extended

Oklahoma’s insurance commissioner says property owners who experienced flood damage during heavy rainfall in May and June have more time to file insurance claims. Commissioner John Doak said the Federal Emergency Management Agency has given National Flood Insurance Program policyholders …

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 …

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 …

President Signs Disaster Declaration for Texas Counties as Claims Mount

A disaster declaration signed by Pres. Barak Obama will help citizens in Harris, Hays and Van Zandt counties in Texas as they begin to recover from violent storm systems that brought tornadoes, high winds and massive flooding in May. The …