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2012 February - Flood Insurance Consumer Information

Flood Insurance Consumer Information

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Entries for February, 2012

New Flood Maps May Mean Higher Flood Insurance

New Flood Maps May Mean Higher Flood InsuranceNews from Maui Now: Kalama Park area Preliminary Digital Flood Insurance Rate Maps. Courtesy of FEMA. Click to enlarge. By Sonia Isotov A public meeting is to be held to assist residents and business owners in understanding the new flood map changes that will take effect later this [...]

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Assurances over flood insurance safety net for Cumbrians

Assurances over flood insurance safety net for CumbriansNews from News & Star: By Phil Coleman Last updated at 13:47, Tuesday, 28 February 2012 Cumbrians living in flood risk areas of the county will not be forgotten as the end of a flood insurances safety net scheme looms, says Carlisle MP John Stevenson. John Stevenson The [...]

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Insurance warning for Notts people who live in flood-risk areas

Insurance warning for Notts people who live in flood-risk areasNews from This is Nottingham: PEOPLE in Notts could struggle to insure their homes against flooding next year, the Local Government Association has warned. The body has written to the Government and the insurance industry urging a replacement for a “safety net” for flood-risk areas which [...]

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Insurance ‘struggle’ for 200000 homes at flooding risk

Insurance ‘struggle’ for 200000 homes at flooding riskNews from BBC News: 26 February 2012 Last updated at 21:48 ET Thousands of homes were damaged by the 2007 floods in the UK Up to 200,000 homes could struggle to get insurance against flooding next year, according to council leaders. The Local Government Association (LGA) wants to [...]

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FEMA official offers tips to safeguard property

FEMA official offers tips to safeguard propertyNews from AberdeenNews.com: As spring approaches, South Dakota communities should once again be preparing for the possibility of flooding, said Kevin Williams, a recovery and mitigation expert with the Federal Emergency Management Agency. Even with the lack of snow received this winter, Williams said residents should take time now [...]

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Mississippians could lose flood insurance if law isn’t repealed

Mississippians could lose flood insurance if law isn’t repealedNews from WLBT-TV: Jackson – Getting flood insurance in Mississippi may no longer be an option, that’s if lawmakers don’t act quickly.   “FEMA has put the state on notice,” said insurance commissioner Mike Chaney. The reason, Mississippi law currently allows an exemption for hunting and fishing [...]

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Flood and homeowner’s insurance are not deductible

Flood and homeowner’s insurance are not deductibleNews from NorthJersey.com: Q. I understand there is a tax deduction for mortgage insurance, provided that your income is less than $ 100,000 per year. Are flood insurance and home insurance also deductible if your income is under $ 100,000? Mortgage insurance premiums paid on your personal residence or [...]

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Insurance problems ‘will plague flood-risk homes’

Insurance problems ‘will plague flood-risk homes’News from This is South Wales: MORE than 2,000 homes and 735 businesses in Llanelli face insurance problems when a UK Government agreement ends next year, the Association of British Insurers has claimed. Llanelli is ranked 34th in a list of the “most at-risk” constituencies in the country, with around [...]

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New flood maps could mean higher insurance rates

New flood maps could mean higher insurance ratesNews from ReporterNews.com: Abilene residents who are in a flood plain could be paying more for insurance. In January new Flood Insurance Rate Maps — developed by the Federal Emergency Management Agency — went into effect in Taylor County. While largely similar to the maps in place since [...]

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FEMA pushes flood insurance, disaster preparedness

FEMA pushes flood insurance, disaster preparednessNews from Rapid City Journal: The damaging effects and unpredictability of flooding has Federal Emergency Management Agency officials urging South Dakotans to buy flood insurance despite their level of risk. Norman Ashford, a FEMA insurance specialist, laid out the coverage offered by the government’s National Flood Insurance Program to a [...]

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