The National Flood Insurance Program, which ran out of funding Feb. 28, has been extended to March 28, the latest in a series of short-term extensions by Congress.

Several property-casualty industry experts will be discussing the current economic climate and how to weather the crisis during a panel discussion at the 2010 Capital I Day March 19.

Harleysville Mutual Insurance Co. is going to assume a Houston, Texas, company’s “Write Your Own” flood business, effective November 1.

On the heels of the president’s trip to New Orleans, Rep. Gene Taylor (D-Miss.) is calling for reform to the National Flood Insurance Program, including the addition of wind coverage.

Commending the U.S. Senate and President Barack Obama on a short-term extension of the National Flood Insurance Program, a pair of industry groups now want to focus on a longer commitment to the initiative.

The minimum flood elevation requirements for Gulf Coast properties prone to storm surges were “woefully inadequate,” according to a new study, whose sponsors seek federal government intervention to encourage raising the required minimum elevations for building.

An insurance company admitted to shifting its costs to the federal National Flood Insurance Program in the first wind versus water damage case from Hurricane Katrina to reach Mississippi’s high …  Read →

President Barack Obama has signed an extension to the National Flood Insurance Program, extending the program through Sept. 30. The program was scheduled to expire yesterday (March 11).

Had it not …  Read →