Senators Urge FEMA to Halt Risk Rating 2.0 Flood Insurance Premium Increases
U.S. Senators demand FEMA halt Risk Rating 2.0 flood insurance premium hikes citing transparency issues and impacts on homeowners, especially in Republican-led states.
Underestimating Flood Risk: Implications for U.S. Homeowners and Insurance Coverage
Many U.S. homeowners underestimate flood risk due to reliance on outdated FEMA flood zones, exposing them to high costs without proper flood insurance coverage. Learn about NFIP coverage limits and tools for better flood risk assessment.
NOAA Forecasts Above-Normal 2025 Atlantic Hurricane Season: Implications for U.S. Insurance
The 2025 Atlantic hurricane season is forecasted to be above normal with increased named storms and hurricanes, impacting U.S. insurance sectors and flood risk management.
Florida SB 180 May Raise Flood Insurance Costs by Limiting Mitigation
Florida's Senate Bill 180 aims to speed hurricane recovery but may increase flood insurance costs by restricting home elevation and stricter building codes, affecting thousands of homeowners and insurance markets.
APCIA Defends Property Casualty Industry's Hurricane Claims Response
APCIA reports $8 billion in hurricane claims settled, defending industry's response amid Senate subcommittee scrutiny over State Farm and Allstate claims practices.
Motion Specialty Gains Lloyd’s Coverholder Status for Niche U.S. Homeowners and Flood Insurance
Motion Specialty has secured approval as a Lloyd's of London coverholder to underwrite specialty insurance products including High Value Homes and Flood coverage, leveraging data-driven underwriting and technology focused on wholesale distribution.
Mississippi Declares Flood Insurance Awareness Week
Mississippi's Governor declares Flood Insurance Awareness Week to promote flood insurance coverage amid increasing flood risks.