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By Arthur D. Postal |
April 20, 2012
Insurance agents selling flood-insurance policies will no longer be allowed to cede a portion of their commissions to property owners to induce them to purchase insurance—a practice known as insurance rebating.
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By Arthur D. Postal, PropertyCasualty360.com |
April 18, 2012
Insurance agents selling flood-insurance policies will no longer be allowed to cede a portion of their commissions to property owners to induce them to purchase insurance, a practice known as insurance rebating.
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By Arthur D. Postal, PropertyCasualty360.com |
February 1, 2012
Flood insurance program extended through May, but long-term reauthorization is still uncertain
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By Lynne McChristian |
October 27, 2011
The Saffir-Simpson scale has long been the guidepost by which people decide how to respond to an approaching storm. A new guy in town—IKE—has some researchers excited.
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By Arthur D. Postal, PropertyCasualty360.com |
July 21, 2011
As of this writing, the Senate Banking Committee is preparing to act on legislation that would provide a long-term reauthorization of the National Flood Insurance Program (NFIP).
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By Arthur D. Postal, PropertyCasualty360.com |
July 18, 2011
Flood-insurance reauthorization legislation proposed by the leadership of the Senate Banking Committee would mandate a phase-out of subsidies while forgiving the program’s debt.
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By Arthur D. Postal, PropertyCasualty360.com |
July 14, 2011
Whether the insurance industry will have certainty about the National Flood Insurance Program (NFIP) is now in the hands of the U.S. Senate.
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By Arthur D. Postal, PropertyCasualty360.com |
July 13, 2011
Insurance industry trade groups today lauded the decision of the House to pass legislation reauthorizing the National Flood Insurance Program for five years—and urged the Senate to act promptly on the measure.
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By Arthur D. Postal, PropertyCasualty360.com |
July 13, 2011
The U.S. House has passed legislation to reauthorize the National Flood Insurance Program until Sept. 30, 2016.
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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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