Flood

Big “I” Praises Senate Passage of NFIP Extension

WASHINGTON, D.C., July 31, 2018— The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) praises the U.S. Senate for passing a measure to extend the National…

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Flood Insurance Myth Debunked: The Two Acres – Two Properties Rule

Through our “Ask an Expert” service, we have had reports of adjusters denying flood claims on the basis that localized flooding did not cover a surface area of 2 acres/properties…

04 February 2019 Townsville, Qld - Suburbs adjacent to Townsville's Ross River were flooded when two millions litres of water was released every second from the city's dam. Unprecedented rainfall in the week leading up to this event saw the dam's level rise to nearly 250% - Photo: Cameron Laird (Ph: 0418 238811 - cameron@cameronlaird.com)

FEMA Flood Disaster Guidelines Every Agent Should Know

The Stafford Disaster Relief Act places specific requirements on entities receiving disaster assistance. Many agents are unaware of the provisions of this Act. Failure to comply can be costly for…

county road in essex of flooded road with a person paddling down the road in a kayak

House Advances Flood Insurance Legislation

WASHINGTON, D.C., Nov. 14, 2017—Today the House of Representatives passed H.R. 2874, “The 21st Century Flood Reform Act,” introduced by Rep. Sean Duffy (R-Wisconsin). This legislation reauthorizes the National Flood…

county road in essex of flooded road with a person paddling down the road in a kayak

Flood Insurance Bills Move Forward

WASHINGTON, D.C., June 21, 2017—The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today released the following statement by Charles Symington, Big “I” senior vice president…

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Condo Associations and the NFIP

What happens with there is not enough coverage from the NFIP to cover the condo association. Do the unit owners purchase their own coverage or does the association have to…

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Post-Flood Homeowners Questions

“We have been getting some questions from our insureds about coverage under a Homeowners Policy for exposures that developed after the recent floods. I want to put together an FAQ…