Capital and Risk, Insurance, Regulations
November 9, 2021
Via: Insurance JournalTwo Florida representatives have joined the list of officials pushing for a change in the National Flood Insurance Program. U.S. Rep. Val Demings, R-Orlando, who is running for the Senate, is one of 17 cosponsors of the NFIP Reauthorization and […]
Capital and Risk, Insurance, Regulations
May 20, 2021
Via: Insurance JournalA Louisiana bill that would make it easier for private flood insurance carriers to offer flood insurance in the state has been sent back to the House to contemplate amendments added by the Senate. House Bill 577, by Rep. Scott […]
March 15, 2021
Via: Insurance JournalIf you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first finding is the conclusion of a new analysis by First Street Foundation, a nonprofit research group focused on […]
February 2, 2021
Via: Insurance JournalAs of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. FEMA reported that 35% of Louisiana NFIP flooding claims came from […]
March 12, 2019
Via: Insurance JournalFlood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. […]
November 19, 2018
Via: Insurance JournalOnce again the fate of the nation’s flood insurance program is coming down to the wire. Authorization for the program is set to expire Friday, Nov. 30 unless Congress acts. The most likely action will be another short-term extension. Sens. […]
August 29, 2017
Via: Insurance JournalA key Republican said Hurricane Harvey will spur Congress to reach a deal to fund the nation’s flood insurance program before it expires next month, even though divisions persist over how much the federal government should be on the hook […]
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