Insurers are applauding the U.S. Senate’s approval of a bill that includes proposals to restructure the National Flood Insurance Program’s premium rates, update its flood maps and expand coverage areas where flood insurance would be mandatory. (more…)
Many of the swollen rivers and creeks are receding from the heavy rains that slammed Missouri last week, and Missourians are being urged to prepare for more spring flooding down the road. (more…)
Although the anticipated flood risk appears to have diminished in many parts of the UK, Lloyds TSB Insurance is warning homeowners in areas still at risk to stay on guard, in case they are hit by harsh weather now or during the coming winter months.
With incidents of severe flooding becoming increasingly common, the insurer has published a set of guidelines to help those who will need to make an insurance claim for damage to their home or possessions, now or in the future. (more…)