Archive

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

    18 August 2023

    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

    14 April 2023

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

  • RMS predicts up to $5bn insured losses from Florence

    25 September 2018

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

  • Reinsurance proves its worth for US disaster agency

    04 January 2018

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

  • US flood insurance programme gets actuarial help

    16 November 2017

    Milliman to provide modelling and pricing

  • Republicans switch insurance subcommittee head

    09 January 2017

    Sean Duffy to replace Blaine Luetkemeyer

  • Congress ups NFIP budget by $9.7bn

    07 January 2013

    Vote for further increase for Sandy claims scheduled on 15 January

  • US flood money will dry up without Congress help

    04 January 2013

    Claims for Sandy and other disasters could be left unpaid, FEMA warns