3 Ways to Prepare Your Clients for Wintertime Flooding
As many parts of the country gear up for a few more weeks of winter, here are three ways to prepare your clients for wintertime flooding.
Flood
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.
President Signs Another Short-Term NFIP Extension
The NFIP was extended earlier today as part of broader government funding legislation to fund the government through March 23.
ISO Opens New Doors for Flood Insurance
ISO spent the last two years developing personal and commercial lines standalone flood policy forms and rates for its licensees.
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
Flood Extension Likely in Continuing Resolution
The NFIP is set to expire tomorrow, Friday, Dec. 22, unless Congress passes a continuing resolution to fund the government into early next year.
Short-Term NFIP Extension Likely
As of press time, the NFIP is expected to receive a two-week extension this Friday as part of a continuing resolution Congress is predicted to pass to fund the government through Dec. 22.
House Passes Five-Year Flood Reauthorization Bill
This week, the U.S. House of Representatives passed a bill that reauthorizes the NFIP for five years and makes several reforms to the program.
Flood Insurance Debt Relief Poised for Senate Passage
Last week, the U.S. House of Representatives advanced a $36.5-billion disaster relief package that marks the second installment of aid since a series of natural disasters struck southeast Texas, Florida and Puerto Rico, among other areas.