Sea level rise could eventually impact one-million Florida buildings by the turn of the next century, how Florida is tackling flood resilience with new legislation, plus a new reauthorization bill for the National Flood Insurance …
We also have updated insured damage estimates from Hurricane Ian to share with you, as well as some surprising new claims data from last November’s Hurricane Nicole. The Florida Office of Insurance Regulation (OIR) recently …
Florida and nine other states file suit to stop FEMA’s new flood insurance rates, a new map shows flood claims back to 1980, communities band together for flood resilience funding, a new …
I attended the Washington, DC National Flood Conference with over 1,000 friends and colleagues. Everyone is talking about flood and warning homeowners that water will rise no matter where you live. At the conference, panelists talked about the fact that …
In our last newsletter we reported that FEMA had just released more data on the National Flood Insurance Program’s (NFIP) Risk Rating 2.0: Equity in Action, its new model for better pricing …
Local officials decide against direct payments to households impacted by the historic April Broward County flooding, the National Flood Insurance Program is again pitching a plan for multi-year reauthorization, and while Congress wants …
The Florida Legislature failed to provide additional reinsurance help to property insurance companies as private reinsurance firms remain largely standoffish on the Florida market, flood claims are rising from Hurricane Ian, pushback on whether …
Nearly six months after Hurricane Ian made landfall in Florida and $7 billion later in response and recovery spending, clean-up continues with more than 600 families still in hotel rooms.
FEMA reports that $6.97 billion …
Estimated insured losses from Hurricane Ian rose another $2.5 billion in the first 21 days of December, and losses from Hurricane Nicole another $20 million in the first 10 days of the month as recovery efforts continue. …
The big issue we can argue is what we don’t know about Hurricanes Ian and Nicole. How many residents and businesses had flood damage (which is not covered by most homeowners policies) and didn’t have flood insurance? And …
