Flood Insurance
Publications
The Senate Committee on Banking, Housing, and Urban Affairs held a hearing Thursday to discuss the reauthorization and reform of the National Flood Insurance Program (NFIP).
Founded in 1968…
From Law360:
More broadly, Toomey said the NFIP is “fundamentally broken” and asserted that “we should be protecting the transition to actuarially sound premiums” — meaning ensuring premiums…
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The National Flood Insurance Program (NFIP) was originally established in 1968 to provide flood insurance coverage that private insurers would not. The intended goal was to encourage state and local…
From The Wall Street Journal:
Mr. Toomey asked Jerry Theodorou of the R Street Institute, a conservative-leaning Washington-based think tank, how seriously Congress should look at paying…
From The New York Sun:
Another proposal submitted to lawmakers by the Biden administration would establish new disclosure laws that would force sellers or landlords to disclose a property’s…
The House Financial Services Subcommittee on Housing, Community Development and Insurance recently held a hearing on the Reauthorization and Reform of the National Flood Insurance Program…
From NPR:
Flooding is by far the most widespread hazard, the report finds.
Of the 3,219 facilities located in harm’s way, more than 2,400 of them are at high risk for flooding, according to…
Unusual loss trends in 2021 called on the property & casualty insurance industry to play its role as the economy’s financial first responder. A look back at the most extreme loss patterns of…
A scene in The Wizard of Oz finds Dorothy, the Cowardly Lion and Scarecrow in a poppy meadow with snow coming down. The Cowardly Lion says, “unusual weather we’re having, ain’t it?” If Bert…