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By Arthur D. Postal, PropertyCasualty360.com |
May 8, 2012
The pressure on the Senate to act on a long-term National Flood Insurance Program extension intensified as trade groups across multiple industries kicked off their “Flood the Hill” campaign with a letter sent to Senate leadership.
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By Arthur D. Postal, PropertyCasualty360.com |
May 1, 2012
The insurance industry and allied trade groups are launching a full-court press to ensure Senate action on flood legislation before the current authorization expires May 31.
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By Arthur D. Postal, PropertyCasualty360.com |
February 14, 2012
Forty-one signatures have been secured on a letter from senators to the Senate leadership urging prompt action on legislation reauthorizing the National Flood Insurance Program.
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By John W. DeWitt |
August 12, 2011
Vacant property takes on a new look in 2011’s battered commercial real estate (CRE) market. Forget your old notions of vacant property – weedy overgrown lots, hazardous tumbledown buildings, polluted brownfields, even underperforming “grayfields” with a few remaining tenants fending off the vandals. Instead, picture high-quality structures equipped with state-of-the-art...
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By Susanne Sclafane, PropertyCasualty360.com |
July 15, 2011
Copper thieves have fueled a huge spike in claims for insurers of vacant and idle properties, but increased loss potential has not deterred competition in the residential and commercial property markets, experts say.
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By Arthur D. Postal, PropertyCasualty360.com |
July 11, 2011
The property and casualty insurance industry is sending a letter to members of the House urging them to reject a flood-insurance bill amendment that would phase out the program as of January.
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By Scott Amussen |
July 6, 2011
For most homeowners, the risk of not insuring the property to its full replacement value is too great. Here are three strategies agents can use to help ensure that coverage reflects real replacement costs independent of the home’s market value.
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By Arthur D. Postal, PropertyCasualty360.com |
September 27, 2010
The U.S. Senate last week unanimously voted to extend the current National Flood Insurance Program for one year--until Sept. 30, 2011--with industry trade group officials lauding the development and urging the House to also act promptly.
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By Arthur D. Postal, PropertyCasualty360.com |
September 23, 2010
GAO Officials cautioned members of the Senate Banking Committee Wednesday that major changes in NFIP's policies and administration are needed, and could involve tough decisions that Congress may be unwilling to make.
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By Arthur D. Postal, PropertyCasualty360.com |
September 22, 2010
The Senate last night passed, by unanimous consent, legislation extending the current National Flood Insurance Program until Sept. 30, 2011.