If passed by the Dec. 23 deadline, the $1.7 billion bill would extend the National Flood Insurance Program (NFIP), strengthen Americans’ retirement savings, and support crop insurance programs.
Congress appears set to pass bipartisan legislation to extend government funding that expires at midnight tomorrow.
Big “I” members and industry partners on the Flood Insurance Producers National Committee (FIPNC) met with staff from FEMA to discuss several issues.
The U.S. Senate passed legislation funding the government through Dec. 16, reauthorizing the National Flood Insurance Program (NFIP) and including the Big “I”-supported “Hermit’s Peak Fire Assistance Act.”
The comments express concern for the proposal and detail the vital role that agents play in the sale and servicing of National Flood Insurance Program (NFIP) policies.
Thirty years after Hurricane Andrew, a report from CoreLogic examines the impact of the storm and what might happen if an Andrew-like event were to occur again.
Big “I” staff met with FEMA as part of the Flood Insurance Producer National Committee (FIPNC) to express concern with the new Direct to Customer initiative proposal.
While CAT losses are down in the first half of 2022, they are 18% higher than the 21st-century average, according to Aon.
Nationally, nearly 7.8 million single and multifamily homes with more than $2.3 trillion in combined reconstruction cost value are at risk of storm surge, according to CoreLogic.
Today, the U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, “Reauthorization of the National Flood Insurance Program: Administration Perspectives.”