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By Arthur D. Postal, PropertyCasualty360.com |
July 12, 2011
The Federal Emergency Management Agency says in a letter that taking over management of more than 800,000 flood insurance policies currently administered by State Farm will save the agency more than $50 million annually, compared to the cost of the current Write-Your-Own program.
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By Mark E. Ruquet, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
August 30, 2010
The failure of Congress to approve long-term renewal of a revamped National Flood Insurance Program could jeopardize the participation of private carriers.
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By Phil Gusman, PropertyCasualty360.com |
August 20, 2010
Facing another looming flood program expiration deadline on Sept. 30, agents are expressing frustration at Congress and are advising clients to pay renewals for flood policies in advance of the deadline in case there is another lapse.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 18, 2010
An official with the Federal Emergency Management Agency told insurance commissioners that Congress' failure at long-term renewal of the National Flood Insurance Program could jeopardize the participation of carriers in the program.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 17, 2010
An official with the Federal Emergency Management Agency (FEMA) told insurance commissioners that Congress' failure at long-term renewal of the National Flood Insurance Program (NFIP) could jeopardize the participation of carriers in the program.
