Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Manufactured Homes: A Necessary Component for Your Agency
Jun 24 2002 // You’ve heard them called trailer houses ā¦ or mobile homes ā¦ or manufactured houses. No matter what you call them, it’s a fact that one out of every five new homes sold today is a manufactured home. That,...
Neb.-based Omaha PnC Automates Flood Insurance Processing
Jun 20 2002 // Omaha Property and Casualty (OPAC) of Omaha, Neb., recently launched its integrated Flood Automated Policy Processing System (FloodAPPS), developed in conjunction with EDS. The system offers agents an automated process for...
Mapping Error Raises Flood Insurance Premiums
Jun 10 2002 // Officials in Pennsylvania’s Richland Township will ask the Federal Emergency Management Agency (FEMA) to correct official maps of the area, that incorrectly designate certain properties as located on a flood...
NYSID Focus on Insurance During Hurricane Awareness Week
May 22 2002 // While it might be a more urgent priority in Florida or Texas rather than New York, hurricanes and tropical storms can nonetheless cause extensive damage all along the eastern seaboard. It’s not surprising therefore...
Woodland, Calif. Homeowners to Purchase Flood Coverage
Apr 9 2002 // Woodland, Calif. homeowners are likely to soon receive letters from their mortgage letters requiring them to purchase homeowners insurance, according to the Sacramento Bee. The Federal Emergency Management Agency (FEMA)...
NFIP Alternative Flood Program
Mar 25 2002 // Nuts & Bolts: First Premium Insurance Group Inc. has available an NFIP Alternative Flood Program. Dollars: Policy limits of $1.5 million. Carrier: Lloyd’s of London. Rated “A.” States Available: All...
Catastrophe Modeling-Feeding the Risk Transfer Food Chain
Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...
Catastrophe Modeling-Feeding the Risk Transfer Food Chain
Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...
Selective Acquires Servicing Rights to Highlands Flood Policies
Dec 17 2001 // Selective Insurance Group of Branchville, New Jersey announced that it has purchased the servicing rights to flood insurance policies issued by the troubled Highlands Insurance Group. (See IJ Website Dec. 10,...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hopeāfor a rebirth,...
Commentary: Flood Sales 101-Fact vs. Fiction
Dec 3 2001 // ā¢ I don’t need flood insurance; I’m not in a flood zone. ā¢ I don’t need flood insurance; this neighborhood has never flooded. ā¢ I don’t need flood insurance; Uncle Sam will buy a new house for...
Of Festivals and Floods
Dec 3 2001 // I have a picture of myself at 15 sitting on Santa’s lap. Poor Santa. Since the event in question occurred way back in the dark ages, he may or may not have been insured against the weight of my gangly teenaged frame....
RMS Upgrades Website, Releases New U.K.
Oct 11 2001 // Risk Management Solutions of Newark, CA announced the introduction of its newly upgraded website containing complete information on its publications, updates on catastrophe events, including a full report on the WTC...
Portland Flood Insurance Discount Surfaces
Oct 1 2001 // Nearly 1,300 Portlanders who live in the flood plain will receive a 20 percent discount on their flood insurance premiums beginning in October, thanks to the city’s efforts to reduce the risk of flood...
Selective Insurance Receives IIAA Endorsement for National Flood Program
Oct 1 2001 // The Independent Insurance Agents of America (IIAA) is endorsing Selective Insurance Group Inc.’s Write Your Own (WYO) National Flood Insurance Program (NFIP), according to Incoming IIAA President Thomas B....
Farmers Insurance Group Recognized by NFIP
Sep 4 2001 // Farmers Insurance GroupĀ® was recognized for achieving the highest growth in market share among insurance companies participating in the National Flood Insurance Program (NFIP). Howard Leiken, acting director of the...
London Insurers Win Chicago Flood Appeal
Aug 20 2001 // The decision on August 10th by the 7th Circuit Court of Appeals in favor of Lloyd’s and other London-based underwriters found them not liable for an additional $100 million in settlement payments arising from...
Complaints Fly in Allison’s Aftermath
Jul 23 2001 // Judging from the number of complaints from insurers and consumers alike in the wake of Tropical Storm Allison’s June foray through Southeast Texas, it is doubtful that Allison will end up being the most popular name...
IIAA Calls for Flood Insurance Program Reforms
Jul 20 2001 // In Congressional testimony July 19, the Independent Insurance Agents of America (IIAA) advocated a series of reforms for the National Flood Insurance Program (NFIP) that would help reverse operating losses and make the...
Little Lump of Mushy Cardboard
Jul 9 2001 // With the emerging clarity of historical perspective, the effects of the catastrophe wrought by Tropical Storm Allison are coming into sharper focus. Damage assessments become more accurate. Loss figures more exact. Most...
