On July 10, 2019, NOAA published an article titled 2018 State of High Tide Flooding and 2019 Outlook. Also on the same day, the National Association of Insurance Commissioners (NAIC) released its 21-page research …
Beginning today, mortgage lenders are required to accept private flood insurance coverage as an acceptable substitute to National Flood Insurance Program (NFIP) coverage. The NFIP is back in the news with a …
Recently announced changes in the federal flood insurance program were a topic of interest at last weekend’s spring meeting of the National Association of Insurance Commissioners (NAIC) in Orlando. Commissioners discussed ways …
Recent news that federal financial regulators have adopted a final rule compelling lenders to accept private flood insurance, together with a renewed effort to adopt a model flood insurance law for all states to encourage a …
Often we read startling headlines like the one we saw on December 28: “Breaking News: In Reversal, Flood Insurance Program Resumes…,” and we just shrug and move on to the next story. …
So, what are we to do about the National Flood Insurance Program (NFIP), which still provides about 95% of the flood policies in the U.S.? The federal program is coming …
