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The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30--under expedited procedures legislation approved last week by the U.S. House of Representatives on a unanimous vote.

The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30.

The House approved under expedited procedures legislation that would extend the National Flood Insurance Program until Sept. 30, 2010.

A.M. Best has affirmed the financial strength rating of "A" (Excellent) of super regional property-casualty insurance carrier The Main Street America Group and its five wholly owned subsidiaries.

AA&B spoke with three wholesalers/program administrators specializing in boat, yacht and marina insurance about what they're seeing in the current market and how retail agents and brokers can "shore up" this specialty business until the seas are calm.

An oil crisis is also an opportunity. Perhaps Warren Buffett recognized that last November when he bought the Burlington Northern Santa Fe Railroad.

Between the recession and damage to the industry's reputation, insurance companies can no longer conduct their businesses as they have in the past.

Jacksonville-based Main Street America Group has finalized a deal that expands its reach further into Indiana.