FEMA Grows Its Flood Reinsurance Plan with $500 Million Cat Bond August 1, 2018 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for...
Flood Insurance Program Will Lapse If Senate Does Not Act July 30, 2018 There is not a lot time left to avoid a lapse in the federal government’s flood insurance program. The Senate...
Opinion: Is Florida’s Flood Insurance Industry Really Prepared? June 26, 2018 By Jason Wolf The clock is ticking: The National Flood Insurance Program expires on July 31, 2018; so what happens next? It is...
Why Coastal Living Is Becoming Affordable for Only the Rich April 24, 2018 By Christopher Flavelle When Hurricane Irma reached Florida’s Big Pine Key in September, it caused the floor of Terry and Sharon Baron’s cream-colored...
How Insurance Brokers, Risk Managers View the Political Dysfunction in Washington April 20, 2018 By Andrew G. Simpson Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes...
Federal Flood Insurance Average Premium to Rise 8% April 2, 2018 A typical premium charged by the National Flood Insurance Program is slated to rise about eight percent in the coming...
Federal Flood Insurance Renewed Through July But Reforms Stall March 25, 2018 By Ginger Gibson Advocates who have been pushing for renewal of the U.S. federal flood insurance programs in the wake of last year’s...
Keeping Flood Insurance Above Water: Commentary January 25, 2018 By Mark Anquillare, Verisk Analytics With the National Flood Insurance Program (NFIP) currently set to expire on February 8, and many communities still recovering from...
Disasters Affected 8% of U.S. Population in 2017, FEMA Notes in Review of Historic Year January 3, 2018 The Federal Emergency Management Agency (FEMA) supported 59 major disaster declarations and 16 emergency declarations in 2017, a year during...
Special Reuters Report: The High Cost of Building in High Flood Risk Areas December 12, 2017 By Benjamin Lesser and Ryan McNeill When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo...