December 8, 2017
Prospect General Insurance Agency has expanded Flood Guard, its admitted residential flood insurance product, into Oregon. Flood Guard provides residential flood coverage and is an alternative to the National Flood Insurance Program (NFIP). Through its rating algorithm and online platform, …
November 20, 2017
Last week, the House of Representatives voted 237-189 to pass the 21st Century Flood Reform Act (H.R. 2874) – a package of seven bills that reauthorizes the National Flood Insurance Program (NFIP) until 2022 and introduces various reforms. The fate …
November 8, 2017
The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business and environmental groups renewed its push on Wednesday for lawmakers to enact an overhaul before the program expires on Dec. …
November 3, 2017
Prospect General Insurance Agency has expanded its admitted residential flood insurance product, Flood Guard, into Arizona. Flood Guard provides residential flood coverage and is an alternative to the National Flood Insurance Program (NFIP). Through its rating algorithm and online platform, …
June 15, 2017
House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is a good amount of bipartisan agreement that something should be done and even on what to do. The House Financial …
June 8, 2017
As the clock ticks down toward expiration of the National Flood Insurance Program (NFIP), the task ahead is clear. Congress must pass an on-time, multi-year reauthorization bill that simplifies the overly complicated NFIP, improves its financial stability and encourages private …
May 30, 2017
Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to …