flood insurance
Missouri Enacts 2 New Insurance Laws
Two new insurance laws went into effect last Friday in Missouri, both of which provide stronger protection for homeowners in the the Show-Me state. The first law, Senate Bill 101, bars exterior repair contractors, like roofing and siding companies, from offering to cover a prospective client’s insurance deductible in order to make a sale, and […]
Read moreIrene-induced Losses Shouldn’t Prompt Insurance Rate Hike
Reuters reported yesterday that while the official total for insured losses caused by Hurricane Irene are not yet official or complete the catastrophe modeling company AIR Worldwide is estimating $3 to $6 billion…and while those are big numbers, they’re actually lower than what was anticipated. Before Irene actually made landfall, many insurance industry analysts were […]
Read more3 Illinois Counties Declared Disaster Areas by Governor
Governor Pat Quinn of Illinois has declared three counties there to be disaster areas due to severe damage to homes, businesses and infrastructure as a result of last months flooding. According to the Governor, who issued a statement on Wednesday, the July 27 flash floods in the northwest part of the state caused damage in […]
Read moreNOAA Says Hurricane Season Will Be MORE Active than Predicted
It may seem weird to be talking about hurricanes when so much of the American south and southwest are suffering under drought conditions and horrible heat, but the Atlantic coast is still at risk, especially since the busiest part of the annual Atlantic hurricane season is the period from August to October. As they do […]
Read moreNews Brief: LA Parish Gets Flood Insurance Break
It’s often said that improving property can help save money on insurance, but it’s rare that doing so saves money for an entire neighborhood, and yet, in a sense, that’s exactly what’s happening in Louisiana. Residents of an unincorporated part of the state, St. Tammany Parish, are going to receive a decrease of $1.9 million […]
Read moreCoastal Residents: Check Your Homeowners Insurance Now
The Atlantic Hurricane Season officially began last Wednesday, and NOAA (The National Oceanic and Atmospheric Administration) is predicting a busy summer tropical storm-wise. It should come as no surprise, then, that insurance regulators in coastal states like Virginia are strongly suggesting that homeowners – especially those with coastal property – spend some time this week […]
Read more2011 Hurricane Season is Coming
It may seem as though winter hasn’t fully left us, and yet, we’re a mere six weeks away from the beginning of the 2011 Atlantic Hurricane Season. So, what are the weather gurus predicting for this year? According to forecasters at Colorado State University, we’ll see an above-average Atlantic hurricane season. They’re predicting nine hurricanes, […]
Read morePresident Obama Signs Washington Disaster Dec
Yesterday afternoon, President Obama signed the federal disaster declaration ordering federal aid as a supplement to state and local recovery efforts Washington state. The declaration applies to seven counties that were hit by severe winter weather in January of this year, that included flooding, mudslides and landslides. The counties affected are King, Kittitas, Klickitat, Lewis, […]
Read moreFriday Filmstrips: Flood Insurance
Spring is almost here! The sun is shining, the snow is melting, and oh, yes, the rivers are rising. If you live in a flood zone, and you don’t have flood insurance, you should consider purchasing it. After all, it takes 30 days before flood insurance goes into effect, as this week’s video shows. Enjoy:
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