Flood After Fire

Wildfires leave the ground unable to absorb water, creating conditions ripe for flooding. Burned vegetation and charred soil form a water-repellent layer blocking water absorption for years.

Updated Flood Insurance Resources

While 2020 may feel very different for most, disasters can and continue to happen. In a recent podcast Paul Huang, FEMA Assistant Administrator, discusses how purchasing flood insurance is one easy way homeowners and renters can prepare for the future.  The National Flood Insurance Program website has numerous resources for property owners, insurance agents and... Continue Reading →

A Message to Insurance Agents

June 1, 2020 marks the official start of hurricane season in the Central Pacific.  Flooding can happen to anyone.  Now would be a good time to send a message to your clients on the importance of purchasing flood insurance to help protect their home and belongings.   As an agent, a question to ask your clients... Continue Reading →

FEMA Continues its Reinsurance Program to Manage Flood Risk

Continuing its risk management practice against future catastrophic flood losses, FEMA announced its 2020 traditional reinsurance placement for the National Flood Insurance Program (NFIP). Reinsurance is a financial risk management tool used by private insurance companies and public entities to protect themselves from large financial losses. If a qualifying catastrophic flood event occurs, the reinsurance... Continue Reading →

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