flood insurance
FEMA Discounts Flood Insurance for Homeowners Affected by Remapping
Homeowners across the United States who are concerned that they may be required to purchase flood insurance due to a recent push to redraw floodplain maps can relax a little; they’re being offered the mandatory coverage at a deep discount for two years. Senator Dick Durbin of Illinois said recently that the Federal Emergency Management […]
Read moreHurricane Scale Revamped for 2010
The commonly-recognized five-category rating system that describes the strength of a hurricane, and estimates the havoc its winds could cause has been updated for the 2010 storm season, which begins in the Atlantic on June 1. The system, more properly known as the Saffir-Simpson Hurricane Wind Scale no longer includes estimates for storm surge or […]
Read moreStorm Surge Warnings Might Be Added to Weather Alerts
We’re still a couple of months away from the start of the Atlantic hurricane season, but that’s not too soon for the National Hurricane Center (NHC) to be considering a new addition to their already vast collection of watches and warnings typically issued during hurricane seasons. Specifically, NHC officials pitched the idea of a storm-surge […]
Read moreFlood Insurance and Other Programs Temporarily Restored
Earlier this week, the U.S. Senate passed legislation that included an extension for the federal flood insurance program until the 28th of March. The extension means that the NFIP (National Flood Insurance Program) can once again issue new policies, something it hasn’t been able to do since its authorization expired at midnight last Friday. The […]
Read moreEl Nino Dissipating, but Effects Not Gone
Reuters is reporting today that the currently active El Nino weather anomaly, which causes abnormal warming of the water in the equatorial parts of the Pacific Ocean, is dissipating, and – in the Northern Hemisphere – it should be gone by early summer, though there is a chance it may merely weaken substantially, and linger […]
Read moreFlood Insurance, other Programs, Not Extended by US Senate
Last week, the United States Senate failed to vote on several bills meant to extend federal programs including unemployment, COBRA, flood insurance, and transportation project funding, before their expiration dates on Sunday, February 28th. Why? Because one senator, Jim Bunning (R-KY) has concerns enough about how to pay for such programs, that he’s blocked final […]
Read more16 Months Later: Hurricane Ike Claims Still Being Paid
The Texas Insurance Council has issued an update on the financial aftermath of Hurricane Ike, which struck Galveston on Sept. 13, 2008 calling it “the costliest weather catastrophe in Texas history by a large margin.” So far, the storm has toted up almost $12 billion in windstorm and flood insurance claims in the state. The […]
Read moreFlood Insurance Changes in Illinois and Nebraska
It’s difficult enough to know when flood insurance is required when you live in a relatively stable region, but property owners in three counties in southwestern Illinois are in a kind of flood zone limbo, while they wait for new Mississippi River flood maps to be drawn. According to Illinois Senator Richard Durbin, the Federal […]
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