Flood Insurance
From figures and estimates currently available, the floods and storms that hit the United Kingdom during late 2013 and the first two months of 2014 are likely to cost the…
The HR. 3370 Bill – Homeowner Flood Insurance Affordability Act – moved a step closer to bringing into law the legislation that will roll back the huge price increases in…
Over the last few weeks everyone seems to have been talking about “flood insurance Florida”. There have been svereal articles and newspaper reports on the Biggert-Waters, the Coalition for Sustainable…
UK insurance companies have now had chance to assess the costs of the floods that hit the country in late December 2013 through to early January 2014. Yesterday, the Association…
Ventnor NJ sits on the coast of Absecon Island, Atlantic County, in between Atlantic City to the north, and Longport and Margate to the south. Ventnor City stands at an…
If you live in Oxfordshire, you will be aware that parts of the county are prone to flooding. Thousands of homes and business throughout Oxfordshire have suffered from flooding of…
Munich Re, the German insurance giant, yesterday released a report giving some insight into how natural disasters during 2013 have affected the insurance industry. Natural disasters cost insurers $31 billion…
After the storm… UK insurers now face the costs of the unusual run of winter storms and floods across the UK. The severe winter weather began with St Jude storm…
Last week the German insurance trade body, GDV, announced that natural disasters of 2013 in Germany, including the June floods, will likely cost around 7 billion euros (around $9.7 billion…
According to a report by Bloomberg a few days ago, the devastating floods in central Europe, northern India and Canada during June 2013 will cost a staggering $27 billion in…
“Flood Re” is the name given to the new UK flood insurance policy. The new policy is the long awaited replacement to the Statement of Principles agreement that was set…
There is currently in existence an agreement between the UK government and the Association of British Insures (ABI) that means owners of homes and businesses in flood risk areas can…
After the survey about flood insurance, we wnated to do a quick poll ourselves, in order to get a feel for how many of us have specialist flood insurance, and…
Last week a survey about flood insurance in the USA by bankrate.com underlined the fact that standard home owners insurance doesn’t cover flood damage. It seems that the message is…
There was an interesting survey done recently over at Vendio, the e-commerce specialist used by many small businesses and merchants. They survey a group of 600 of their customers –…
There’s something not quite right about the UK Government’s policy on flooding. The agreement between government and the insurance industry is in a mess without any sign of renewal or…
