No Deal: NFIP Lapses as Government Shutdown Begins
A partial federal government shutdown began on Oct. 1, resulting in a lapse of National Flood Insurance Program (NFIP) authority.
Flood
NFIP Lapse Possible as Congress Considers Funding Legislation
As of press time, Congress has yet to pass government funding legislation to keep the federal government open beyond Tuesday, Sept 30. The National Flood Insurance Program (NFIP) is currently scheduled to expire on the same date.
When It Rains, It Pours: Precipitation Flat as Intensity Rises
While annual rainfall is not rising, the increase in extreme rainfall events means that flood risk, infrastructural strain, and flash flooding potential are increasing.
Flood ‘Underinsurance Crisis’ Exposes Millions of Homes
Nearly 85% of single-family homes at risk of flooding in the U.S. carry insufficient coverage, leaving households vulnerable to thousands of dollars in out-of-pocket costs, according to Neptune Flood.
FEMA Role in Disaster Response Examined in Congressional Hearing
During the hearing, a bill was formally introduced to streamline disaster assistance programs to accelerate aid to survivors and encourage states to invest in disaster mitigation efforts.
Westfield Adds Inland Flood Coverage Endorsement
The endorsement is designed for homes outside historical high-risk flood zones and provides coverage for damage from flood waters or surface waters.
Big ‘I’ Releases 2025 Market Share Report
The Big “I” 2025 Market Share Report shows that independent agencies place 61.5% of all U.S. property & casualty insurance, a clear sign of the channel’s continued strength.
From Awareness to Action: How Insurance Agents Can Help Homeowners Close the Resilience Gap
A new report reveals a troubling disconnect between what homeowners know and what they do to protect their homes. Learn how agents can turn knowledge into action and value.
Data-Based Insurance With Rapid Payouts
If the storm track intersects the coverage radius in a policy, the insured gets a payout. No questions, adjustors or proof of loss.
Flood Coverage, Community and Doing Insurance Right With Courtney Jacobs
On this Agency Nation Radio episode, Courtney Jacobs, owner of Insurance Done Right (IDR) in Biloxi, Mississippi, discusses the complexities of business on the Gulf Coast while also serving in the Air National Guard.
