Flood insurance

• NRDC: Insurers Running from Climate-Change Risks; Insurer Group Disputes Figures

  By Anya Khalamayzer, PropertyCasualty360  |  May 23, 2013

  The National Resources Defense Council says private insurers are turning away from climate-change risks, sending an “unmistakeable signal” that such risks are increasing and that costs to society are climbing, but an insurance industry association disputed some of the figures used to arrive at that assumption.

• 

  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.

• 

  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

• 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.

• 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.

• 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.

• 

  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.

• PCI: FIO Disaster-Loss Estimates Pose Challenges

  By Elizabeth Festa, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com  |  April 12, 2013

  President Obama's budget proposal contains language implying the FIO should have the “ability to immediately estimate exposures related to catastrophic events,” and provide it to the federal government.

• 

  6 Months Later: Agents Tell Tales of Sandy

  By Mark E. Ruquet, PropertyCasualty360  |  April 10, 2013

  Many insurance agents faced the same issues as their clients in the wake of Superstorm Sandy, but they all shared an additional responsibility: to make themselves available to the victims of the storm.

• No Reruns

  By Chris Amrhein  |  April 1, 2013

  Learn from Superstorm Sandy how to be proactive with insured's coverage

• 

  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.

• As NFIP Faces Deepening Debt, Some Call for More Subsidies and Lower Rates

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

  Congress faces renewed pressure from both federal and state legislators to reduce the cost of flood insurance. But will the program ever be able to pay down the deficit?

• As NFIP Faces Deepening Debt, Some Call for More Subsidies and Lower Rates

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

  Congress is coming under renewed pressure from both state and federal legislators to reduce the cost of flood insurance and provide greater subsidies for the National Flood Insurance Program.

• 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.