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.

The problems of the U.S. Department of Homeland Security should serve as a cautionary tale a federal takeover of insurance regulation, according to a new white paper.

Mark Boozell

“The resulting …  Read →

Calling its extension “a temporary fix,” the Independent Insurance Agents & Brokers of America is nonetheless commending the House for voting to extend the National Flood Insurance Program.

Maxine Waters …  Read →

Congress is weighing another extension to the National Flood Insurance Program, which is set to expire Sept. 30.

Maxine Waters

U.S. House Financial Services Housing Subcommittee Chairwoman Maxine Waters (D-Calif.) …  Read →

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 →

The head of the Property Casualty Insurers Association of America said the group supports the Obama Administration’s stance on omitting wind coverage from the National Flood Insurance Program.

Department of Homeland …  Read →

Southampton, N.Y.-based Maran Corporate Risk Associates was named “Agency of the Year” by the National Flood Insurance program.

The annual honor is given to agencies that demonstrate a dedication to promoting …  Read →

While much of the country debates the merits and faults with the unprecedented spending spree that President Obama has embarked upon, few can find fault with one small aspect that …  Read →