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The National Flood Insurance Program was the subject of a number of Senate Banking Committee hearings during the fall, in which the then-Acting Administrator and Director of Mitigation for the Federal

David I. Maurstad, who has been the Federal Emergency Management Agency's acting insurance administrator and mitigation director for the past two years, has been named to the post on a permanent basis

David I. Maurstad, who has been the Federal Emergency Management Agency's acting insurance administrator and mitigation director for the past two years, has been named to the post on a permanent basis

Recent statements from Massachusetts House Representative Barney Frank indicate a possible showdown over the National Flood Insurance Program could be looming come spring.

Chubb Group of Insurance Companies' offering of a private alternative to the National Flood Insurance Program providing coverage with broader terms and higher limits will likely draw competition, an u

LAST MONTH, President George W. Bush signed into law a bill kicking up the National Flood Insurance Program's borrowing authority to $20.775 billion from $18.5 billion. Since September, when the NFIP's line of credit stood at $1.5

The House Financial Services Committee voted last week to approve legislation that would increase the borrowing authority for the National Flood Insurance Program, as well as implement several

In a major setback for insurers, a federal district court judge has ruled that a state court should hear a suit brought by Mississippi officials over property-casualty insurer denials of Hurricane