Senate Holds Hearing on Flood Insurance Premiums
At a U.S. Senate committee hearing last week, the Big “I” provided a statement on NFIP delivery, affordability and long-term program stability for small businesses.
Flood
FEMA Announces Flood Insurance Reforms
This week, Roy Wright, FEMA’s deputy associate administrator for insurance and mitigation, announced NFIP changes aimed at increasing transparency and oversight.
Big ‘I’ Agents Participate in National Flood Conference
At this week’s National Flood Conference in Washington, D.C., a variety of speakers—including two Big “I” leaders—provided information to flood service providers on all aspects of the NFIP.
Beyond FEMA Flood Maps: What to Tell Your Coastal Customers
Because FEMA flood maps do not include projections of sea level rise, they are not guaranteed to give homeowners the information they need to protect themselves and their property.
Whatever Happened to the Milk Man, the Paper Boy and Hurricane Forecasting?
At best, hurricane season predictions are uncertain. As weather patterns become more unpredictable, take advantage of FloodSmart resources to ensure your clients are covered for every possibility.
Big ‘I’ Applauds House Action on Flood Reform Bill
Today, the U.S. House of Representatives passed H.R. 2901, the “Flood Insurance Market Parity and Modernization Act” by Reps. Dennis Ross (R-Florida) and Patrick Murphy (D-Florida), by a vote of 419-0.
What’s Next for Flood Insurance?
Flood insurance policy count has been dropping since Biggert-Waters started making waves in October 2013. What’s your role as an agent?
From the Front Lines: Flood
“Everybody likes the water when it’s a beautiful day,” says independent agent Fletcher Willey, president of J. Fletcher Willey Agency, Inc. in Nags Head, North Carolina. “But when the water gets angry, you better have flood insurance.”
Flood Watch: Top 4 NFIP Changes This Year
If you’re an insurance agent, “April” means “flood.” This year, make sure you share information about premium increases, the Newly Mapped rating procedure and more so your clients aren’t caught unawares.
Munich Re Offers Flood Coverage for Low-Risk Homeowners
Less than 1% of homeowners located outside Special Flood Hazard Areas purchase flood insurance. Munich Re’s new inland flood coverage endorsement is a timely opportunity to remind clients how important it is to prepare for a potential catastrophe.