Neptune Flood, an AI-driven flood insurance company, has launched sbaflood.com designed for SBA borrowers to obtain commercial flood insurance. Both owners and tenants are eligible for commercial flood insurance through the new platform. Government backed business loans, such as those …
Neptune Flood, an AI-driven flood insurance company, has expanded its flood insurance products to now include all NFIP product types. Neptune, which has previously offered flood insurance for one to four family homes, and main street businesses, now offers a …
Neptune Flood, a digital flood insurance company. has launched a commercial flood insurance product for small and mid-sized businesses in 48 states. Phase 1 of the rollout makes Neptune Flood available for non-residential businesses such as offices, retailers and restaurants, …
The National Association of Insurance Commissioners (NAIC) has released its recommendations for changes to the National Flood Insurance Program (NFIP) when it goes up before Congress for reauthorization next year. The current NFIP is due to expire on Sept. 30, …
Torrent Technologies, Inc., a Marsh company, in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has the availability of a new excess flood insurance option that combines coverage with real-time quoting and binding functionality. …
Philadelphia Insurance Cos. (PHLY) is now offering commercial excess flood coverage to complement its commercial primary flood product. PHLY’s new excess coverage competitively priced and available at limits higher than the National Flood Insurance Program (NFIP) for businesses. Through PHLY’s …
A Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings. According to Evan Hecht, CEO of The Flood Insurance Agency, located in Gainesville, …
With more than $600 billion in policyholders’ surplus, the insurance industry is very well capitalized in spite of a large loss from Hurricane Sandy last year. But even so, insurers have been keeping the price of property-catastrophe insurance relatively flat …
More businesses are expressing interest in purchasing flood insurance coverage from the National Flood Insurance Program (NFIP) in the wake of Superstorm Sandy’s heavy rain, record storm surge, and resulting widespread flood damage, according to insurance broker Marsh. Although most …
