NFIP

• The Parameters of Flood Insurance

  By Christine G. Barlow  |  May 1, 2013

  A family's shed is destroyed by a river of mud. Is it covered? Test your knowledge of water exclusions before hurricane season begins.

• Miss. Jury Finds State Farm Defrauded NFIP After Katrina

  By Chad Hemenway  |  May 1, 2013

  A federal jury in Mississippi has ruled that State Farm committed fraud against the government’s NFIP following Hurricane Katrina.

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  Historic Loss Series: Miami’s Big ‘Andrew’

  By Ken Brownlee, CPCU  |  December 3, 2012

  The insurance industry learns from every catastrophe. Consider what Hugo did to Charleston, Ivan to Pensacola, or Sandy to the eastern seaboard. The future could hold even bigger storms.

• Historic Loss Series: Miami’s Big ‘Andrew’

  By Ken Brownlee, CPCU  |  November 30, 2012

  The insurance industry learns from every catastrophe. Consider what Hugo did to Charleston, or Ivan to Pensacola. Miami got the big storm, but the future could hold even bigger storms.

• Sandy Crashes Ashore

  By PC360 Staff  |  November 30, 2012

  Read the latest updates on NFIP borrowing concerns, infrastructure damage and auto claims arising from Superstorm Sandy.

• In Personal Lines, Weather, Economy, NFIP Top Concerns

  By Chad Hemenway, PropertyCasualty360.com  |  February 2, 2012

  Leaders in personal lines discuss challenges and opportunities in the market in 2012.

• FEMA: Pa. to Receive $349M in Disaster Relief

  By Melissa Stewart  |  December 6, 2011

  Almost $349 million in disaster aid has been approved for Pa. residents affected by Hurricane Irene and Tropical Storm Lee. The total disaster relief assistance as of Dec. 1 adds up to $884 million.

• COASTAL Act Could Spell Trouble For NFIP Extension

  By Arthur D. Postal, PropertyCasualty360.com  |  September 16, 2011

  Extension of the National Flood Insurance Program (NFIP) could be complicated by the decision of members of the Senate Banking Committee to provide bipartisan support for adding a provision in the NFIP that would split the difference on the sensitive “wind-vs.-water issue.”

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  Industry: Senate Failure to Extend NFIP a ‘Dereliction of Duty’

  By Arthur D. Postal, PropertyCasualty360.com  |  August 3, 2011

  Industry officials voiced deep concern over the lack of action in the Senate to extend the current version of the National Flood Insurance Program through Dec. 31.

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  Sen. Shelby Expresses Optimism in Congress for a Long-Term NFIP Authorization

  By Arthur D. Postal, PropertyCasualty360.com  |  June 23, 2011

  Sen. Richard Shelby today expressed “confidence” that Congress will be able to enact legislation mandating a long-term reauthorization of the National Flood Insurance Program before the current authorization runs out Sept. 30.

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  GAO Report Criticizes FEMA’s Management Of NFIP

  By Arthur D. Postal, PropertyCasualty360.com  |  June 13, 2011

  The Government Accountability Office has issued a scathing report on the management of the National Flood Insurance Program, and also notes that under current conditions there is no way the program will ever be “financially sound.”

• House Panel Calls Second NFIP Meeting; Extension Bill Prepared

  By Arthur D. Postal, PropertyCasualty360.com  |  March 25, 2011

  A House panel will conduct a second hearing on the National Flood Insurance Program April 1 and mark up draft legislation April 6, according to officials briefed on the plan.

• House Panel Calls Second NFIP Meeting; Extension Bill Prepared

  By Arthur D. Postal, PropertyCasualty360.com  |  March 24, 2011

  A House panel will conduct a second hearing on the National Flood Insurance Program April 1, and mark up draft legislation April 6, according to officials briefed on the plan.

• House Looking At NFIP, Producer Licensing

  By Arthur D. Postal, PropertyCasualty360.com  |  March 11, 2011

  Reinsurers have let it be known that the reinsurance market would be prepared to take on some flood risk if Congress decides to pursue that option.

• Reinsurers Willing To Ease NFIP Taxpayer Burden

  By Arthur D. Postal, PropertyCasualty360.com  |  March 8, 2011

  Using reinsurance could reduce the burden of the National Flood Insurance Program on taxpayers, the head of the Reinsurance Association of America said.

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  Flood Insurance Rate Freeze Sought In Illinois

  By Associated Press  |  March 7, 2011

  An Illinois federal lawmaker is stumping again for legislation that would stave off property owners from having to buy flood insurance in areas newly designated by the government as being at high risk.