Flood Insurance Presents Opportunity, Obstacles for Private Insurers April 16, 2014 By Kimberly Tallon Privatization of the National Flood Insurance Program (NFIP) would present a huge growth opportunity to the property/casualty market, allowing insurers...
With Fix for Flood Insurance Program Deficit Delayed, Now What? March 26, 2014 By David B. Caruso There’s no easy fix for the National Flood Insurance Program, now drowning in a $24 billion sea of red ink....
West Virginia Private Flood Insurance Bill Awaits Governor’s OK March 10, 2014 The West Virginia House last Friday in a 86-8 vote passed a bill authorizing private insurers to sell flood insurance...
Private Market Could Grow As Government Flood Insurance Prices Rise: Fitch March 6, 2014 As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for...
West Virginia Bill Would Authorize Sale of Private Flood Insurance February 18, 2014 West Virginia state Senator Rocky Fitzsimmons (D-Ohio) has introduced a bill that would authorize private insurers to offer flood insurance...
Private Flood Insurance Provider Steps Into Connecticut Market February 3, 2014 By Stephen Singer A private flood insurance provider has stepped into Connecticut’s market, the first time homeowners along the shoreline battered by Superstorm...
How to Encourage Private Flood Insurance; Why Delaying Biggert-Waters Is Not the Answer January 24, 2014 By Andrew G. Simpson New technologies and a better understanding of flood risk may have increased private insurers’ interest in providing flood insurance but...
Rule on Requiring Lenders to Accept Private Flood Insurance Proposed October 15, 2013 Five federal regulatory agencies are considering a rule that could boost sales of private flood insurance. The proposal would require...
More Businesses Seek Government Flood Insurance After Sandy: Marsh November 16, 2012 More businesses are expressing interest in purchasing flood insurance coverage from the National Flood Insurance Program (NFIP) in the wake...