U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’ July 24, 2018 By L.S. Howard The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still...
Opinion: Is Florida’s Flood Insurance Industry Really Prepared? June 26, 2018 By Jason Wolf The clock is ticking: The National Flood Insurance Program expires on July 31, 2018; so what happens next? It is...
Federal Flood Insurance Average Premium to Rise 8% April 2, 2018 A typical premium charged by the National Flood Insurance Program is slated to rise about eight percent in the coming...
Federal Flood Insurance Gets Another Short Extension February 12, 2018 Once again, the government’s flood insurance program has been given a short lease on life. On February 9, 2018, President...
Keeping Flood Insurance Above Water: Commentary January 25, 2018 By Mark Anquillare, Verisk Analytics With the National Flood Insurance Program (NFIP) currently set to expire on February 8, and many communities still recovering from...
Verisk’s ISO Personal Lines Program Targets $40 Billion Private Flood Insurance Market January 11, 2018 Things just got a bit easier for private personal lines insurance carriers wanting to enter the flood insurance market. Through...
FEMA Expands Flood Reinsurance Program with Private Reinsurers for 2018 January 8, 2018 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has completed a reinsurance placement with 28 private reinsurers to help the National Flood...
Disasters Affected 8% of U.S. Population in 2017, FEMA Notes in Review of Historic Year January 3, 2018 The Federal Emergency Management Agency (FEMA) supported 59 major disaster declarations and 16 emergency declarations in 2017, a year during...
Deadline for Louisiana Flood Insurance Proof of Loss Is Dec. 31 December 14, 2017 The end of the year deadline for National Flood Insurance Program (NFIP) policyholders affected by the flooding in August 2016...
Special Reuters Report: The High Cost of Building in High Flood Risk Areas December 12, 2017 By Benjamin Lesser and Ryan McNeill When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo...