Ocean Spring, Miss., officials have voted to buy flood insurance for city-owned properties from the National Flood Insurance Program. The Sun Herald reports the city is insured for other hazards, but the policy does not include flood coverage. Alderman Bobby …
Louisiana Insurance Commissioner Jim Donelon told an Alexandria civil club that the state’s property insurance market is “more competitive than ever.” The Town Talk reports Donelon spoke Tuesday Alexandria Rotary Club about the recovery of the property-insurance market and dangers …
The number of people in the Northeastern United States who suffered water damage from Hurricane Irene is more than double the number who suffered wind damage, an Ipsos/Reuters poll showed Thursday. Yet two weeks after the storm struck, only 6 …
President Barack Obama endorsed key elements of a U.S. flood insurance reform bill passed by the House in the tax and deficit plan he unveiled Monday, even as the reform has stalled in the Senate without a clear path forward. …
Among homeowners insurance policyholders, those with flood insurance tend to be significantly less satisfied with their policy coverage, compared with policyholders who opt not to carry it, according to the J.D. Power and Associates 2011 U.S. National Homeowners Insurance Study(SM) …
Congress is trying to restore new fiscal life to a four-decade-old federal flood insurance program that was nearly sunk by Katrina and other 2005 hurricanes. The House on Tuesday voted 406-22 to extend the National Flood Insurance Program for five …
More than 150 homes and eight businesses in Cedar Falls are expected to be demolished through flood buyout programs. City officials told the Waterloo-Cedar Falls Courier that 144 of the 226 properties eligible for buyouts in the wake of 2008 …