In 1968 the National Flood Insurance Program was developed as a way for people to be able to afford flood insurance for their homes and business. Today, what started as a great idea has become a program that bleeds the color of money, green. While...
Here we are, the 116th Congress is now in session and split between a Republican Senate and a Democratic House. The one thing we can all count on is that our government is still heavily divided along party lines. However, serious reform of the National...
Recent studies published by the NOAA (National Oceanic and Atmospheric Administration) and the National Hurricane Center show a significant increase in how often and how intense the rain storms in Houston have become. This information becomes even more critical when you add in the information...
While it’s true that Hurricane Florence did indeed leave vast tracts of North Carolina submerged under stormwater and surge, according to Chief Executive of the NFIP, David Maurstad, the number of claims total slightly over 14,000 to date. The reason for such a low number...
Projections in a report issued by the University of South Carolina estimate insured losses due to Hurricane Michael could reach as high as $11 billion. When Hurricane Willa was heading towards Mexico, many homeowners in the U.S. started inquiring about flood insurance. With the continued...
Projections in a report issued by the University of South Carolina estimate insured losses due to Hurricane Michael could reach as high as $11 billion. When Hurricane Willa was heading towards Mexico, many homeowners in the U.S. started inquiring about flood insurance. With the continued...
Hurricane Michael swept in and left a massive path of devastation in its wake. It also created another problem far beyond the destruction and loss of life. The one program put in place by the government to protect those suffering loss due to flooding was...
Recently Verisk announced the release of WaterLine™, a new underwriting tool that can be used to see the flood scores for every property in the continental U.S. Scores run from 0-100 on the relative scale and at the same time displays information regarding why the...
Under a new ruling by FEMA, changes are being made to provisions that did not allow private insurers who offer National Flood Insurance Policies to provide their own products and at the same time stopped buyers from being able to cancel their NFIP policies if...
According to the Nation Weather Service, approximately 75 percent of all declared disasters are related to floods. The risk of flooding continues to rise as more development occurs in flood zones and as a result of the changing climate. The NFIP was given an extension...