Mass. Gov. OKs Bill Tying Required Flood Coverage Amount to Mortgage Balance July 24, 2014 Massachusetts Gov. Deval Patrick on Wednesday signed into law legislation that prohibits creditors from requiring residential property owners to buy...
Mass. Senate OKs Bill Tying Required Flood Coverage Amount to Mortgage Balance June 30, 2014 The Massachusetts state Senate on June 26 passed legislation filed by the state’s attorney general, Martha Coakley, and state House...
Philadelphia Launches Commercial Excess Flood Coverage June 26, 2014 Philadelphia Insurance Cos. (PHLY) is now offering commercial excess flood coverage to complement its commercial primary flood product. PHLY’s new...
Connecticut Residents Feeling Financial Strain as Flood Insurance Cost Rises May 15, 2014 By Bill Bittar and Republican-American People living on Porter Avenue in Middlebury, Conn., face a threat that could put their homes underwater — but it’s...
FEMA Extends ‘Proof of Loss’ Deadline for Sandy Flood Insurance Claims April 29, 2014 The Federal Emergency Management Agency (FEMA) issued a bulletin Monday announcing that it will grant an additional extension to Superstorm...
N.J. Gov. Asks FEMA to Give Sandy Victims More Time to File Flood Claims April 9, 2014 New Jersey Gov. Chris Christie’s administration is urging the Federal Emergency Management Agency (FEMA) to give the state’s residents and...
R.I. Realtors: Flood Insurance Concerns Contributed to Home Sales Drop in Feb. April 3, 2014 The Rhode Island Association of Realtors says bad winter weather and worries about increasing flood insurance premiums likely played roles...
In Maine, 3,300 Policyholders Likely to See Flood Insurance Rate Increases April 2, 2014 By David Sharp Thousands of Maine homeowners and businesses could see their rates for flood insurance rise as the federal government attempts to...
In Delaware, Over 3,600 Policyholders Face Flood Rate Hikes April 1, 2014 By Randall Chase Premiums for thousands of Delaware property owners may increase significantly because of changes to the National Flood Insurance Program, but...
Rhode Islanders Grapple With Rising Flood Insurance Premiums April 1, 2014 By David Klepper Steve Morris lives in a century-old restored cottage on a tucked away corner of Narragansett Bay in Rhode Island. The...