flood coverage News

Homeowners Choice Sells First Flood Policy in Florida

Homeowners Choice Property & Casualty Insurance Co., Inc., a Florida based provider of admitted homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., is now selling flood insurance to existing customers in Florida. Many Florida residents have seen a …

Ironshore Personal Lines Unit to Offer Excess Flood Coverage

Ironshore’s Personal Lines unit is expanding flood insurance coverage for high net worth homeowner clients. The excess flood insurance is an endorsement available on homeowners policies underwritten by Ironshore through its network of program administrators. The coverage provides an excess …

After Sandy, Underwriters, CAT Models View Northeast Like Southeast: NAPCO

Superstorm Sandy may not have hardened the insurance market, but it has changed the way underwriters view the Northeast, a view that catastrophe models will reflect going forward. According to NAPCO’s Spring 2013 State of the Market Report, underwriters and …