Tag Archives: National Flood Insurance Program

4 Things Flood Insurance Policyholders Should Know About NFIP Changes

4 Things Flood Insurance Policyholders Should Know About NFIP Changes

The Federal Emergency Management Agency (FEMA) is taking strides to strengthen the National Flood Insurance Program (NFIP) through recent legislation, such as the Biggert-Waters Flood Insurance Reform Act of 2012 and the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). These changes are working to make the NFIP actuarially sound by better aligning flood premiums to their level of […]

Summer Safety Tips

Summer Safety Tips

Summer is officially here! Although the warm season can be a fun and relaxing time, it can also expose us to new and unexpected risks. No matter what your plans are this season, stay prepared for the unexpected. Follow these summer safety tips to ensure your summer is not only fun, but safe. Summer Fun […]

Hurricane Season is Flood Season

Hurricane Season is Flood Season

Coastal areas aren’t the only areas that experience the brunt of the strong winds and torrential rains of a hurricane or tropical storm. And with the hurricane season starting June 1, there is just one question left to ask. Are you covered? Eight out of the ten most expensive federally declared disasters were caused by […]

Even If You Live Inland in Massachusetts, Hurricanes Can Damage Your Property

By Richard A. McGrath, CIC, LIA That Hurricane Isaac was no Katrina is little consolation to the 13,000 homeowners whose homes were damaged or destroyed by the recent hurricane. Damages from Isaac could top $1.5 billion.  That’s small in comparison with Hurricane Katrina, which caused $81 billion in damages in 2005, according to the National […]