Archive

California homes face widening flood protection gap

Time to turn the tide on NFIP, argues Neptune Flood

The managing general agent Neptune argues that private insurers are ready to assume the risk

Guy Carpenter warns of "growing protection gap" in flood-risk areas of US

Texas floods exemplify perceptions and insurance uptake at odds with actual risk, broker says

US flood market topped $4bn in 2022 as private insurance share grows

Private insurers now 32% of market as NFIP challenges continue, says the Insurance Information Institute

US needs private flood insurance to cope with rising claims, says NAIC

NFIP faces "daunting" challenges as it struggles to meet increasing flood losses

RMS predicts up to $5bn insured losses from Florence

Florence’s economic damage could be more than twice as severe, modellers say

Reinsurance proves its worth for US disaster agency

Federal disaster agency took out flood reinsurance for first time last year

US flood insurance programme gets actuarial help

Milliman to provide modelling and pricing

Republicans switch insurance subcommittee head

Sean Duffy to replace Blaine Luetkemeyer

Congress ups NFIP budget by $9.7bn

Vote for further increase for Sandy claims scheduled on 15 January