Flood Insurance Costs Rise in Louisiana as Risk Rating 2.0 Sets in December 9, 2021 By Suman Naishadham and Michael Phillis In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing...
S&P: Few North Carolina Residents Hit Hardest by Matthew Have Flood Insurance October 25, 2016 With historic flood levels in North Carolina receding in the aftermath of Hurricane Matthew, preliminary estimates show that only a...
Exec’s Parting Shot: Flood Insurance Program Is a ‘Melting Iceberg’ June 3, 2015 By Andrew G. Simpson The outgoing director of the National Flood Insurance Program (NFIP) says the program is a “melting iceberg” that is incapable...
What Agents Should Know About Flood Insurance Changes in Effect April 1 April 1, 2015 Starting today, when flood insurance policyholders go to renew their policies, they could be quoted premium increases ranging from 15...
FEMA Shows Some Progress Implementing Flood Insurance Changes: GAO February 20, 2015 By Andrew G. Simpson The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by...
Flood Insurance Policyholders Told to Expect Big Premium Hikes March 28, 2013 The head of the Federal Emergency Management Agency said people who buy federal flood insurance need to plan for big...