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Norm's Desk

Keep up with our fearless leader right here! Join the fight or just admire the grit.

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flood insurance

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Posted by Andy Adams on August 30, 2017 - 2:59pm
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#1 Protect what you can.  Avoid any additional risks and be safe first, property next.

#2 Report damage to your agent and/or carrier.  If you have flood coverage, report the claim.  Get the ball rolling.

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Posted by Tracy Dacus on March 6, 2014 - 11:23am
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Two years ago the Biggert-Waters Flood Insurance Reform Act was passed by Congress, which would allow premiums to rise to reflect the true risk of living in flood-prone areas.   The idea was to keep the national flood insurance program solvent.   

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Posted by Tracy Dacus on August 29, 2013 - 5:25pm
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Back in July we blogged about the Biggert-Waters Flood Insurance Reform Act of 2012 which will mean big increases in flood insurance premiums starting in October.  The combination of NFIP ‘true flood risk’ increases and new federal flood zone maps is a one-two punch for homeowners and businesses at risk for flooding.  Some residents in Nassau Bay could see their rates go from $1,500 to $10,000 – possibly even $20,000 – according to City Manager Chris Reed.  (Houston Chronicle, 8/12/13)  With the new maps, officials estimate that the number of houses considered to be in the flood plain will almost double.  
 
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Posted by Tracy Dacus on July 2, 2013 - 4:47pm
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With so much focus on health care reform last year, you might not have noticed that Congress passed a new flood insurance law.  On July 6, 2012, President Obama signed into law the Biggert-Waters Flood Insurance Reform Act of 2012, which calls on FEMA and other agencies to change the way the National Flood Insurance Program is run.

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Posted by Nicole Livesay on May 16, 2011 - 11:13am
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As we approach another hurricane season, Chubb has produced this FAQ on flood insurance.  Chubb offers one of the few personal flood insurance alternatives to the National Flood Insurance Program (NFIP).  NFIP customers are often surprised by how inexpensive the premium can be even in area prone to flood.  There are two reasons for this.  First, it is subsidized by your tax dollars.

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