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By Chad Hemenway, PropertyCasualty360.com |
February 2, 2012
Leaders in personal lines discuss challenges and opportunities in the market in 2012.
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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.
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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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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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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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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.”
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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.
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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.
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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.
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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.
