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 →

CRS Improvements Result In Big Savings

Residents and businesses on the Big Island will be paying less for flood insurance, according to the Federal Emergency Management Agency (FEMA). Hawaii County has earned a Class 7 community rating from FEMA’s National Flood Insurance Program (NFIP) as of October 1, 2019.  As a result, current and new policyholders save 15 percent on the... Continue Reading →

Mahalo FEMA RIX and HIIA

A Big Mahalo to FEMA Region IX Flood Insurance Specialist, Edie Lohmann for taking time away from her busy schedule to lead a Flood Insurance Workshop here in Honolulu this past August for our local insurance agents, realtors, and lenders. Much Aloha also goes out to Hawaii Independent Insurance Agent Association (HIIA), Executive Director, Chenise... Continue Reading →

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