flood insurance News

Louisiana Parish to Lobby Flood Insurance Increase

An Ascension Parish, La., councilman is heading to Washington, D.C., next week to lobby against an increase of premium rates for National Flood Insurance Program policyholders. The Advocate reports Councilman Randy Clouatre plans to meet with members of the state’s …

Six Months After Sandy, Thousands Homeless in New York, New Jersey

The 9-year-old girl who got New Jersey’s tough-guy governor to shed a tear as he comforted her after her home was destroyed is bummed because she now lives far from her best friend and has nowhere to hang her One …

Flood Insurance Considered Important But Many Still Fail to Take Necessary Precautions

More than four in five Americans (81 percent) know that a standard homeowner’s insurance policy doesn’t cover flood damage, according to new research from Bankrate.com. However, a similarly vast majority have not acted upon this key information. A 2012 poll …

More Than 90% of New Jersey/New York Claims Settled

Insurance regulators in New Jersey and New York—the two states hardest-hit by Sandy—report that insurers have settled 93 percent of the claims they received in the wake of superstorm Sandy, according to the Insurance Information Institute (I.I.I.). More than half …

FEMA Frustrated by Drop in North Dakota Flood Policies

Federal Emergency Management Agency officials say they’re disappointed by the number of people in the Red River Valley and elsewhere who don’t have flood insurance. FEMA officials say the number of insurance policies in flood-prone Fargo and Cass County dropped …

Commentary: Lessons Learned From Hurricane Sandy

Hurricane Sandy is said to be the most damaging hurricane recorded in U. S. history. There appears, however, to be some dispute as to whether Hurricane Katrina holds that dubious honor. The cost of the storm, estimated by private firms …

Corps Policy to Strip Indiana Levee of 135 Trees

A Muncie, Ind., greenway will lose more than 100 trees under a U.S. Army Corps of Engineers policy designed to ensure levees are sound. Rick Conrad of the Muncie Sanitary District tells The Star Press the city has to remove …

Mississippi City Officials Decline to Buy Flood Coverage

Sumrall, Miss., officials have decided not to buy flood insurance despite flooding at City Hall during Tropical Storm Isaac on Aug. 30. Employees had to work out of the police station for more than two months while approximately $20,000 in …

Flood Insurance Still Relatively Rare in Northeast

Many homeowners who suffered losses because of flooding from Hurricane Sandy are likely to find themselves out of luck. Standard homeowners policies don’t cover flooding damage, and the vast majority of homeowners don’t have flood insurance. Yet it’s likely that …

Flood Insurance Effective Date Change

Some people who bought or upgraded flood insurance and were not covered during last year’s Missouri River flooding may be covered for damages after all. The Bismarck Tribune reports that Gov. Jack Dalrymple and the North Dakota congressional delegation announced …