Federal Emergency Management Agency

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  Battle over NFIP Rate Hikes Causes Ripples in Louisiana Senate Race

  By Arthur D. Postal, PropertyCasualty360.com  |  May 20, 2013

  The battle over rate hikes imposed on flood insurance program policyholders in Louisiana is intensifying, with the big prize being the Senate seat now held by Mary Landrieu, D-La.

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  Bryan Insurance Agency: Best Agency Website Finalist

  By Melissa Hillebrand, PropertyCasualty360.com  |  May 20, 2013

  New Windsor, N.Y., agency draws visitors and leads with SEO management, mobile site and blogs

• National Flood Services to Acquire CSC’s Flood Insurance BPO Unit

  By Arthur D. Postal, PropertyCasualty360.com  |  May 16, 2013

  CSC, which handles NFIP-Direct for the Federal Emergency Management Agency has been acquired by the company which does most of the back-office work for 50 Write-Your-Own companies.

• Effort to Delay Some NFIP Rate Hikes Dies in Congress, For Now

  By Arthur D. Postal, PropertyCasualty360.com  |  May 15, 2013

  An effort to delay federal flood insurance rate hikes on “grandfathered” properties for five years was rejected by the Senate late Tuesday.

• NFIP Rate Hike Delay Unlikely

  By Arthur D. Postal, PropertyCasualty360.com  |  May 13, 2013

  Members of the Senate are scrambling in advance of a May 14 vote to craft an amendment dealing with politically-sensitive hikes in federal flood insurance premiums that would retain the rate structure imposed by a previous law to extend the program.

• Senate Majority Leader Seeks Compromise on Bill to Delay NFIP Rate Hikes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 10, 2013

  Senate Majority Leader Harry Reid is taking extraordinary steps to force a compromise on a proposed amendment to pending legislation that would indefinitely delay politically-sensitive hikes in flood insurance premiums scheduled to go into effect next year.

• Federal Bills Incentivize States to Adopt Uniform Building Codes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 9, 2013

  Legislation has been introduced in both the House and Senate aimed at providing additional incentives for states to adopt and enforce uniform building codes.

• Louisiana Senators Push for Delay in NFIP Rate Hikes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 8, 2013

  Louisiana’s two senators are proposing an indefinite delay to flood insurance premium hikes mandated by legislation enacted in 2012.

• 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.

• House Subcommittee Chair Pushes Requirement that Lenders Accept Private Flood Policies

  By Arthur D. Postal, PropertyCasualty360.com  |  April 25, 2013

  demand by a House Financial Services subcommittee chairman that bank regulators move quickly to impose a rule requiring mortgage lenders to accept private flood insurance is prompting a split in the insurance industry.

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  NJ, NY Insurers Settle 93% of Superstorm Sandy Claims

  By Arthur D. Postal, PropertyCasualty360.com  |  April 22, 2013

  Superstorm Sandy is now the third costliest storm in U.S. history, the Insurance Information Institute says.

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  The Parameters of Flood Insurance

  By Christine G. Barlow  |  April 15, 2013

  A family's shed is destroyed by a river of mud. Is it covered? Test your knowledge of water exclusions just in time for disaster season.

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  Judge: No Plot to Defraud NFIP by State Farm; Jury to Deliberate Other Charges

  By Chad Hemenway, PropertyCasualty360.com  |  April 8, 2013

  A federal judge in Mississippi has dismissed a part of a claim brought by two former independent insurance agents accusing State Farm of defrauding the federal government with two engineering firms.

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  New NFIP Rates Will Not Pay Off Program's Debts, Official Says

  By Arthur D. Postal, PropertyCasualty360.com  |  March 29, 2013

  The impact of newer, actuarially sound National Flood Insurance Program rates will mostly be felt by lower- and moderate-income homeowners, and the new rates will not pay off the program’s debts, a FEMA official said today.

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  L.A. Story

  By Shawn Moynihan, PropertyCasualty360.com  |  March 29, 2013

  Victor Parker, risk management director for the City of Los Angeles, shares his mitigation strategies for some of the trickiest exposures in the U.S., extols the value of sticking one’s neck out, and proudly discusses the program innovations introduced under his watch that saved millions and generate revenue.

• Chaney: NFIP 'One Large Event' Away from Needing More Money

  By Arthur D. Postal, PropertyCasualty360.com  |  March 15, 2013

  The flood-insurance program has the money to pay claims resulting from Superstorm Sandy, but is just “one large event” away from needing to ask Congress for more money, a state-insurance regulator is warning.