national flood insurance News

More Coastal Areas Join Forces Over New Flood Risk Rating System

Despite studies showing a new federal flood-risk rating is more equitable and accurate, opposition to higher flood insurance rates continues to build in some parts of the country. In coastal Harrison County, Mississippi, county officials voted Monday to join the …

Insurance, Housing Groups Urge Renewal of Flood Program That Expires Sept. 30

The National Association of Mutual Insurance Companies, along with a large coalition of other insurance, lending and housing industry groups, is urging congressional leaders to avoid any lapse in National Flood Insurance Program coverage by renewing the NFIP before its …

Travelers to Exit NFIP’s Write-Your-Own Program

The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program. Travelers is selling its WYO policy renewal rights interest to American Bankers Insurance Company of Florida (ABIC), part of …