Insurance News Alerts | flood insurance

Homeowners Rethink Flood Insurance

By ⋅ March 7, 2010 ⋅ Post a comment

(KETV 7) - Iowa Gov. Chet Culver has been warning his state’s homeowners about the rising risk of springtime floods.
Despite the warnings, homeowners in Council Bluffs don’t appear to be too concerned. Insurance agents said they’re not terribly concerned, either, but they want people to be aware of the risk.
“We don’t [...]

Senate reauthorizes National Flood Insurance Program

By ⋅ March 7, 2010 ⋅ Post a comment

(IN FORUM) - After two days of fielding anxious inquiries from homeowners, area insurance agents sighed with relief Wednesday.
They woke up to news that the U.S. Senate had reauthorized the National Flood Insurance Program after a legislative stalemate halted new policies and renewals on Sunday.
The Senate approved stopgap legislation late Tuesday [...]

FEMA funds for flood insurance lapse

By ⋅ March 6, 2010 ⋅ Post a comment

(MINOT DAILY NEWS) - Talk about terrible timing - funds for the National Flood Insurance Program have lapsed just as the Federal Emergency Management Agency is making the rounds in North Dakota to encourage homeowners to purchase that very product.
FEMA, along with the N.D. Department of Emergency Services, is hosting a [...]

News flash: It floods here Timely advice for homeowners to buy flood insurance

By ⋅ February 15, 2010 ⋅ Post a comment

(CHRON) - The Feb. 8 opinion piece “Don’t believe the flooding myths,” by Michael D. Talbott, director of the Harris County Flood Control District, really should be required reading for every homeowner in Southeast Texas. It probably should be passed out along with the ream of papers already given to [...]

FEMA stresses renewal of flood insurance policies

By ⋅ January 27, 2010 ⋅ Post a comment

(IN FORUM) - Flood insurance turned out to be a smart buy for Doug Madsen last year.
His policy covered the $3,100 in water seepage damage to his rural Harwood, N.D., home caused by the swollen Sheyenne River flowing through his backyard.
The $1,000 he received for his sandbag levee, pumps and other [...]

Flood insurance mandate lifted for some in South Los Angeles

By ⋅ January 8, 2010 ⋅ Post a comment

(LOS ANGELES TIMES) - Hundreds of South Los Angeles homeowners will no longer be required to buy costly flood insurance after a federal agency decided that it had mistakenly put them in a high-hazard zone.
After reviewing new topographic data, the Federal Emergency Management Agency removed 876 parcels in the Parks Mesa Heights neighborhood, according to [...]

New maps change Somerset homes’ flood risks

By ⋅ January 6, 2010 ⋅ Post a comment

(DELMARVANOW.com) - Changes to federal flood maps could result in higher flood insurance rates for some Somerset County residents unless they act now before the new maps are formally accepted.
The maps prepared by the Federal Emergency Management Agency have altered some boundary lines so that homeowners could now find themselves within a higher-risk zone, said [...]

Calif. homeowners forced to buy flood insurance

By ⋅ January 5, 2010 ⋅ Post a comment

(MERCURY NEWS) - Thousands of Southern California homeowners are being forced to buy flood insurance because updated maps produced by the federal government show their properties are in risk areas.But with premiums running between $500 and $1,700 a year, some property owners are challenging the new Federal Emergency Management Agency maps that affect more than [...]

Homeowners forced to buy flood insurance after FEMA redraws maps

By ⋅ January 4, 2010 ⋅ Post a comment

(LOS ANGELES TIMES) - Tens of thousands of homeowners in Southern California are being forced to buy costly flood insurance because new maps issued by a federal agency say they live in a high-risk flood area.
The federal government has informed property owners in more than 150 cities and unincorporated areas in Los Angeles, Orange, Ventura, [...]

FEMA won’t enforce flood insurance rules right now

By ⋅ December 20, 2009 ⋅ Post a comment

(VC STAR) - More than 3,000 property owners in Oxnard and Fillmore received official confirmation this week from FEMA that the agency would hold off implementing rules that would have required them to buy flood insurance.
The decision by the Federal Emergency Management Agency, announced after intense lobbying by local officials and a full-court press by [...]

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