Although we are seeing a leveling off of reinsurance costs as of the January 2024 renewals, Congress has initiated legislation to stem reinsurance prices. A bill introduced in Congress last week would establish a federal …
Private flood insurance is growing as federal flood insurance declines and could be the future of flood coverage, a Florida state senator refiles a bill requiring flood zone disclosures for renters, and FEMA announces …
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 …
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 …
Governor DeSantis this past week said again that Hurricane Ian was both a wind and a flood event. “I’ve toured up and down the state and I would say the flood far exceeds the wind damage in …
A new report shows Florida property owners stand to lose the most from projected sea level rise; insured flood losses have doubled in the past decade yet insurance still covers just a fraction of …
We can thank weather patterns and the current moon cycle for a moderation of coastal flooding events predicted for this year, but the question of whether our disaster relief system can keep up …
The state of Florida is continuing to invest heavily – over $640 million in this fiscal year alone – in ramping up a new effort to help local communities mitigate the effects of sea level …
As it has numerous times in recent years, Congress has extended authorization for the National Flood Insurance Program (NFIP) until early December, as part of a continuing resolution to keep the U.S. government operating while budget …
