A proposed flood insurance reform bill contains language that calls on the Federal Emergency Management Agency (FEMA) to conduct a study on privatizing the National Flood Insurance Program
Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics, not to mention keeping readers up to date on the latest postings to the Claims channel on PropertyCasualty360.com.
Everest Re Group has completed its earlier-announced acquisition of Topeka, Kan.-based managing general agency Heartland Crop Insurance for $55 million plus the agreed upon value of the net assets of Heartland.
The National Association of Professional Insurance Agents has described 2010 as a year of "stop-and-starts" for the critical National Flood Insurance Program.
Consolidation in the crop insurance sector continued as Everest Re Group, a Bermuda-based insurer, announced Wednesday that it has entered into discussions with Kansas-based Heartland Crop Insurance regarding a potential acquisition.