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By Arthur D. Postal, PropertyCasualty360.com |
September 29, 2011
In “Flood Victims Getting Fed Up With Congress,” a Sept. 25 front-page article in the New York Times, people who lost their homes in Pennsylvania because of recent flooding of the Susquehanna River voiced indignation that emergency aid from the government was being held up by the budget battles raging...
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By Arthur D. Postal, PropertyCasualty360.com |
June 10, 2011
Federal flood-management officials are considering whether to base National Flood Insurance Program premiums on community-mitigation efforts—a departure from current practice.
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By Lynne McChristian |
February 3, 2011
Citizens Property Insurance Corp., the behemoth state-run property insurer, has a reputation that reaches far beyond Florida’s shores. Leaders from neighboring coastal states call it “Florida’s folly” to grow what is, essentially, socialized property insurance.
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By Arthur D. Postal, PropertyCasualty360.com |
December 2, 2010
Two Democratic senators Tuesday introduced legislation in the current lame-duck session that would delay for five years a mandate that homeowners included in new flood zones buy "market-based" insurance policies.
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By Edward L. Connor |
August 31, 2010
Homeowners who have recently been affected by flood map changes may be eligible for a new flood insurance option that can provide temporary financial relief.
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By Lynne McChristian |
August 1, 2010
My neighbor dropped flood coverage this year to shave expenses. Frankly, I'm thinking of doing the same thing.
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By Arthur D. Postal, PropertyCasualty360.com |
July 26, 2010
The House passed a five-year extension of the National Flood Insurance Program, but a concurrent causation amendment is prompting fierce industry opposition, and it is unclear whether the Senate will even take up the measure this year.
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By Arthur D. Postal, PropertyCasualty360.com |
July 19, 2010
The House today passed legislation that would provide certainty to the National Flood Insurance Program.
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By Arthur D. Postal, PropertyCasualty360.com |
July 19, 2010
NFIP extended, but requires WYO insurers to not use "anti-concurrent causation" language to exclude coverage of wind damage simply because there is also flood damage to the property.
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By Arthur D. Postal, PropertyCasualty360.com |
July 15, 2010
The House today passed legislation that would provide certainty to the National Flood Insurance Program, but an approved controversial amendment drew condemnation from insurer groups, and at least one has withdrawn support for the bill.