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Flood Re said it was working with insurers and lenders to get flood performance certificates up and running.
With the NFIP $22.5 billion in debt and uptake falling, one carrier is counting on higher limits to win broker business
Homeowners living in previously flooded properties typically pay £254 a year more than average for home insurance. Polly Arrowsmith had her flat devastated by a flood.
Question: We have a flood insurance policy underwritten by FEMA coming up for renewal and we suspect with a large increase in premium. We have been fortunate in having no flood dam...
The newly proposed FEMA reform report 1 signals that major changes may be coming to the National Flood Insurance Program. Homeowners and business owners in coastal and flood-prone...
The $1.58 trillion in uninsured flood losses since 2000 tells insurers exactly what happens when the people left behind can't afford to leave
As severe weather intensifies, insurers say US’s flood protection gap is becoming impossible to ignore
The UK’s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden of multimillion-pound payouts, the government said Wednesd...
The flood insurance gap in the United States is big and it’s not getting better. And the consequences of that gap are about to worsen for property owners and state and local govern...
A sharp levy rise, a cat bond, and new resilience certificates signal a scheme racing to stay viable before its 2039 wind-down
Gaps in flood protection insurance will be examined as some homes in high-risk areas cannot obtain affordable premiums.
MOREAUVILLE — A young family is cleaning out their flooded first home after Tropical Storm Arthur hit just days after they bought a new home insurance policy.Cody Jackson...
In the aftermath of a hurricane, commercial property owners often find themselves caught in a "finger-pointing" battle between their property insurer and their flood insurer. This...
Tom and Diane Peterman tried to buy flood insurance when they moved to their retirement home on the shores of Black Lake 14 years ago but were told it wasn’t available. John Solum...
Neptune Insurance, one of the largest private flood insurance providers, has doubled its policy limits on most types of coverage, including limits of up to $15 million on commercia...
New Zealand’s flood-prone homes are outperforming the rest of the country’s moribund housing market, as buyers chase lower prices and shrug off climate risks. Properties facing the...
Flooded basements, mold growth, and rotting wood are all symptoms of the alarming uptick in flood damage facing property owners nationwide. Its costs, which can reach nearly a stag...
The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood...
As FEMA steps back, AI-driven parametric coverage steps in
Many believe homeowners’ insurance covers floods
Flood risk is entering buyer conversations as hurricane season gets underway. Here’s how agents can discuss flood zones, insurance, and due diligence. The post How Real Estate Agen...
Deal brings Tokio Marine-owned FICOH's flood policyholders under Wright Flood's NFIP platform beginning this fall
Home insurance premiums hit record highs as FEMA mitigation funding battles play out in court
Updated flood insurance map for Oʻahu affects thousands of properties. Changes in flood insurance requirements and building regulations may occur.
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