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2012 December - Flood Insurance Consumer Information

Flood Insurance Consumer Information

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Entries for December, 2012

Senate Passes Sandy Disaster Aid, Flood Insurance Increase

Senate Passes Sandy Disaster Aid, Flood Insurance IncreaseNews from Insurance Journal: The Senate on Friday approved a $ 60.4 billion supplemental package to provide additional aid for northeast states hit by Superstorm Sandy that includes an increase in the borrowing authority of the federal flood insurance program. The measure increases the borrowing authority of the [...]

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An improved flood prone rating means Pearl River County residents will see a …

An improved flood prone rating means Pearl River County residents will see a …News from Insurance Journal: An improved flood prone rating means Pearl River County residents will see a 10 percent reduction in monthly insurance premiums. The Picayune Item reports that county planner Ed Pinero Jr. says the county has moved from an insurance [...]

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Julian Knight: We cannot keep soaking up the threat of flooding – The Independent

Julian Knight: We cannot keep soaking up the threat of flooding – The IndependentNews from Julian Knight: We cannot keep soaking up the threat of flooding – The Independent: A spacious two-bedroom flat conveniently placed for Piccadilly Line Tubes. £325,000 http://www.independent.co.uk/incoming/article8427949.ece/ALTERNATES/w300/ealing_indy.jpg http://homesandproperty.zoopla.co.uk/for-sale/details/27308145?search_identifier=2a7c973a13e3032afc3d3784c7c88685 A one-bedroom ground floor apartment with access to communal gardens and off street [...]

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Who Needs Flood Insurance in Pacifica?

Who Needs Flood Insurance in Pacifica?News from Patch.com: Just a few inches of water in your home can cause tens of thousands of dollars worth of damage. For the five years ending in 2011, the average flood claim in the U.S. was $ 30,000. But depending upon the source of the flood, your regular homeowners [...]

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Is Federal Flood Insurance Defensible?

Is Federal Flood Insurance Defensible?News from Minyanville.com: MINYANVILLE ORIGINAL Superstorm Sandy facilitated the coming together of Americans in many ways. Of course, people from all walks of life banded together to contribute to recovery efforts in the tri-state area. Unexpectedly, the destruction wreaked in the fall has also brought together Americans from differing ideological spectrums. The [...]

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Lawsuit Focuses on Flood Insurance Claims, Classification of Basement

Lawsuit Focuses on Flood Insurance Claims, Classification of BasementNews from Insurance Journal: A recently filed class action lawsuit in New Jersey is alleging “improper handling” of certain flood insurance claims arising out of Hurricane Irene in 2011 and Superstorm Sandy in 2012. The lawsuit focuses on the classification of the lowest floor of the buildings [...]

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New rating means lower monthly flood insurance rates for Pearl River County …

New rating means lower monthly flood insurance rates for Pearl River County …News from The Republic: POPLARVILLE, Mississippi — An improved flood prone rating means Pearl River County residents will see a 10 percent reduction in monthly insurance premiums. The Picayune Item reports (http://bit.ly/ZqykGY) that county planner Ed Pinero Jr. says the county has moved [...]

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Pompton Lakes residents get another reduction in flood insurance

Pompton Lakes residents get another reduction in flood insuranceNews from NorthJersey.com: In May residents with flood insurance will see an additional 5-percent decrease in their premiums. In 2011 Pompton Lakes was accepted into the Community Rating Service (CRS) program. Through this, the borough participates in several measures that show it is responsive to the flood-prone [...]

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Thousands face mandatory flood insurance

Thousands face mandatory flood insuranceNews from The Hour: Old Saybrook — In the nearly 30 years Bob and Judy Raffalo have lived across the street from Knollwood Beach in Old Saybrook, not a single storm — not Gloria, not Irene, not Sandy — has resulted in a drop of water in their home. In fact [...]

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Judge reserves decision in class-action lawsuit over flood insurance

Judge reserves decision in class-action lawsuit over flood insuranceNews from Syracuse.com: Utica, NY — A federal judge Friday withheld decision on whether to throw out a Syracuse homeowner’s lawsuit over the rising cost of his flood insurance. U.S. District Judge David Hurd listened to arguments for about 90 minutes in the case of Gordon Casey [...]

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