Tag: flood insurance

Planning, risk and strategy in business, businessman  pushing  w


Independent insurance agents should be prepared to answer policyholder questions and potentially gather new information for National Flood Insurance Program-affiliated insurance companies as carriers continue the re-underwriting process mandated under the Homeowner Flood Insurance Affordability Act. Section 28 of the 2014 law requires NFIP insurers to clearly communicate these flood risk ... Read More
August 31, 2016blue
Flooded homes – Illustration


Too few Americans take steps to prepare for disasters and too many assume their home insurance policies will bail them out if one strikes. As disaster season peaks, a new national consumer survey commissioned by Trusted Choice and the Independent Insurance Agents & Brokers of America (the Big “I”), reveals that ... Read More
August 22, 2016blue
insutance flowchart hand drawing on blackboard


The softening property market, combined with a record low for insured catastrophe losses over the last three years, has made consumers more comfortable than ever – many to the point of neglecting insurance coverage. According to the Swiss Re report “Underinsurance in property risk: closing the gap,” America is the world’s ... Read More
May 29, 2016blue


WASHINGTON — FEMA officials on Monday announced new procedures for flood insurance policy holders to file appeals and internal steps to exert more control over the process following complaints that private contractors underpaid claims after superstorm Sandy. The changes come amid lawmakers’ and homeowners’ continuing criticism of the way claims and ... Read More
May 24, 2016blue