The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6 billion to cover claims and expenses...
Floods News
The wait for federal standards for home building is hampering Louisiana’s hurricane reconstruction efforts, according to Louisiana Gov. Kathleen Blanco....
Citing the risks exposed by Hurricane Katrina, a group of California Assembly Democrats unveiled legislation that could block some development...
“Catastrophe models are useful, but have their limits,” says a comment on the Lloyd’s Web site (www.lloyds.com). “That is the...
An update describing local, state and national industry and government issues, focusing on the latest legislative topics affecting the insurance...
U.S. Senator Elizabeth Dole told the Senate Banking Committee on proposals to reform the National Flood Insurance Program, meeting in...
The controversy over litigation about wind vs. flood damage and what could happen in the market place and to the...
Richard ‘Dickie’ Scruggs, the attorney who represents thousands of Mississippi policyholders and has filed suit to obtain payment for flood...
South Carolinians are seeing a larger portion of their paychecks go to rising insurance costs, according to Trey Walker, a...
Although the overall commercial property/casualty marketplace has seen little impact from the severe 2005 hurricane season, coastal property is experiencing...