FHA Opens Special Flood Areas to Private Insurers November 22, 2022 By Allen Laman The Federal Housing Administration (FHA) has announced regulations to allow mortgagors the option to purchase private flood insurance on FHA-insured...
Update: FEMA Flood Maps are Misleading, Blocking Insurance Uptake, Report Shows November 3, 2022 By William Rabb This article was updated Nov. 6, 2022 to include more information from FEMA and Neptune Flood Insurance. Researchers at North...
Marsh Acquires Bradley Agency in Tennessee; Wright Flood Adds IAT Book of Business November 2, 2022 Marsh McLennan Agency, a subsidiary of the global insurance broker Marsh, has acquired Bradley Insurance Agency, a commercial brokerage in...
NFIP: 43,000 Flood Claims and $273 Million Paid So Far After Hurricane Ian November 2, 2022 The Federal Emergency Management Agency is reminding flood insurance policyholders hit by Hurricane Ian that they have an extra three...
U.S. Hurricane Victims Want Improved Disaster Relief, With Faster Money, Less Red Tape October 31, 2022 By Wayne Parry Survivors of storms that pounded several U.S. states say the nation’s disaster aid system is broken and that they want...
Tennessee Tech Develops Low-cost Sensors to Help Detect Flooding October 24, 2022 Extreme rainfall events, and the dangerous floods that follow them, are happening more often in Tennessee. This risk grows as...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address Problems October 19, 2022 By William Rabb Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected...
NFIP Now Providing Advance Payments for Flooded Policyholders Who Apply October 5, 2022 By Insurance Journal Staff Reports The National Flood Insurance Program has approved a waiver that will allow some policyholders flooded by Hurricane Ian to receive...
Mississippi Capital Area Bracing for More Pearl River Flooding August 29, 2022 The rental home that Suzannah Thames owns in Mississippi’s capital city was filled with dirty, snake-infested flood water when the...
Report: Previously Flooded Carolina Homes Pose Risk to Buyers August 9, 2022 A new Natural Resources Defense Council report exposes potential hidden costs associated with purchasing a single-family home with a flood...