Flood

From the Front Lines: Flood

Independent agent Matt Evans didn’t set out to become an expert in flood insurance. But when his hometown in Iowa flooded, he didn’t have a choice.

Congress Wrangles with Short-Term NFIP Extension

Congress is expected to pass a bill to fund the government through the end of the fiscal year, which also includes authorization for continued operation of the NFIP through July 31.

FEMA Makes Changes to NFIP WYO Program

The changes, which apply to the FY2019 WYO Arrangement effective Oct. 1, include, among other things, eliminating the WYO non-compete and revising the methodology for calculating WYO compensation, which is used to pay agent commissions.

President’s Budget Targets FCIP and NFIP

On Monday, the Office of Management and Budget released a proposed budget for FY2019 that includes cuts to the Federal Crop Insurance Program, as well as changes to the NFIP.

Short-Term NFIP Extension In Play

The NFIP is set to expire tomorrow as part of a broader government funding debate, unless Congress passes a continuing resolution to keep the federal government open.

US Flood Risk: Lessons from a Heavy Cat Year

The insurance industry breathed a collective sigh of relief with the close of the 2017 hurricane season. But as losses continue to mount and claims start to get paid, it’s time for a period of reflection on the country’s inadequate understanding of flood

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