Insurance News Alerts | flood insurance

Do you really need flood insurance in Hampton Roads?

By ⋅ August 4, 2010 ⋅ Post a comment

(PILOT ONLINE) - It’s on. It’s off. For now, it’s back on.
The major source of flood insurance for homeowners has limped along this year from one extension to another. The latest runs through Sept. 30 while Congress debates whether to extend the program for five years and impose several proposed changes.
A homeowner [...]

Norman officials urge residents to check out flood insurance program

By ⋅ August 4, 2010 ⋅ Post a comment

(NESOK) - City officials are encouraging residents to take advantage of a national flood insurance program.
The National Flood Insurance Program offers federally backed insurance to property owners and renters in Oklahoma communities that participate in the program. Those communities have agreed to adopt and enforce ordinances that meet or exceed the Federal Emergency Management [...]

Proposed flood insurance rate increase could halt rebuilding

By ⋅ July 25, 2010 ⋅ Post a comment

(WLOX) - Sweeping changes may soon come to the National Flood Insurance Program.
Last week, federal lawmakers passed a bill that would change the way the government-run program does business. One of the measures in the House bill would allow flood insurance premiums to be increased by as much as 20-percent. And [...]

Low-risk Michigan pays high cost for flood insurance

By ⋅ July 15, 2010 ⋅ Post a comment

(THE DETROIT NEWS) - High premiums for flood insurance in low risk areas have many shore-side Michiganians awash in frustration, looking for relief and charging they’re bailing out disaster-prone areas.
Many are fighting waves of resistance from insurance companies and banks as they try to prove their homes and businesses aren’t at [...]

Flood insurance extension passed

By ⋅ July 9, 2010 ⋅ Post a comment

(NATCHEZ DEMOCRAT) - Now that hurricane season has arrived, Louisianians are again reminded of the importance of protecting their homes from natural disasters, especially flooding.
The National Flood Insurance Program, which guarantees coverage for families who depend on federally-issued flood insurance, expired on June 1. And for the millions of Americans who depend on this program [...]

Flood insurance back under Senate deal

By ⋅ July 2, 2010 ⋅ Post a comment

(CHRON) - The U.S. Senate’s vote late Wednesday to reauthorize the National Flood Insurance Program through Sept. 30 should allow thousands of real-estate transactions to close after being delayed for a month.
The flood insurance program’s monthlong hiatus prevented people from buying or renewing policies, which the National Association of Mutual [...]

Miller: National Flood Insurance Program is a Terrible Deal for Michigan

By ⋅ June 26, 2010 ⋅ Post a comment

(INSURANCE NEWS.net) - Rep. Candice S. Miller, R-Mich. (10th CD), issued the following news release:
U.S. Congresswoman Candice Miller (MI-10) today spoke on floor of the U.S. House of Representatives in opposition to the Authorization of the National Flood Insurance Program:
“I rise today to express my very serious concerns about this program [...]

State Farm to stop offering flood insurance

By ⋅ June 11, 2010 ⋅ Post a comment

(TENNESSEAN.com) - State Farm Insurance is pulling out of flood insurance and saying part of the blame lies with Congress.
The company no longer will handle claims and billing for new or renewing policies as part of the national flood insurance program starting Oct. 1, moving administration of those policies back to the [...]

Setback feared in storm insurance market recovery

By ⋅ June 2, 2010 ⋅ Post a comment

(CHRON) - A major hurricane blowing through Texas this year would likely leave consumers with fewer choices and higher rates in an insurance market still recovering from Hurricane Ike.
The past two years have hit insurers with major losses, both from severe weather and depressed investment markets. That has translated into higher [...]

Global Security Associates and Global Emergency Management Prepare for the 2010 Hurricane Season

By ⋅ June 1, 2010 ⋅ Post a comment

Having the right emergency response team on hand, along with a business contingency plan and a knowledge of how to react, is key to a successful outcome during an emergency event. Global’s team of experts will prepare you for the unthinkable as the hurricane season approaches.
New York, New York (PRWEB) — The official start of [...]

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