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Good land use and planning can do much to reduce the impact of natural catastrophes, not only for the people living in those communities, but...
The Flood Insurance Market Parity and Modernization Act aims to preserve the surplus lines market's ability to provide supplemental coverage options that go beyond NFIP.
Flooding is one of the biggest natural hazard risks for businesses.While the damage can’t always be prevented, steps can be taken to better manage the...
Legislation that would open the Flood market to private insurers sails through House, 419-0.
In NFIP discussions, unity is as important as mitigation, privatization, mapping and other issues, organizations say.
The Federal Emergency Management Agency will be setting premiums in line with true risk.
Legislators appear eager to get to work on extending and reforming the National Flood Insurance Program, which expires in 2017. The P&C industry is prepared...
H.R. 2901 may not lead to an immediate flow of policies to the private market, but the bipartisan, industry-supported bill would let insurers experiment.
The Flood Insurance Market Parity and Modernization Act would expand options for consumers, advocates say.
Americans have a reasonable understanding of how their Homeowners' policy works. They often expect the same coverage on their Flood policy.
Some aspects of claims are easy to overlook in the rush to service insureds.
Clients sue agent for breach of contract and negligence after a basement floods and the insurer denies their claim.
Here's what every insurance agent needs to know to become more comfortable with selling flood insurance policies.
Winds, floods, drought and wildfires all had an impact.
New, private alternatives to the NFIP, coupled with multiple changes to pricing and coverage for products available from the NFIP, underscore the importance of agent...
A June 2015 U.S. Senate report found there did not appear to be any systematic incentives for participants in the NFIP to underpay Hurricane Sandy...
Despite rising flood risks, less than 7% of homes and high-risk properties are insured for this peril.
Three years after Hurricane Sandy swept up the East Coast, homeowners are still working to collect money for the damage they sustained. It has been...
Superstorm Sandy was the largest Atlantic hurricane on record, spanning 1,100 miles, affecting 24 states from Florida to Maine and as far west as Michigan....
A lot has been written about reinsurance recently in the wake of several natural catastrophes. Here's a look at five ways reinsurance is funded.
A tractor trailer full of beer drove itself down Colorado's I-25 last week with nobody behind the wheel.