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 →

Potential NFIP Lapse

Are you preparing for Hurricane Season?  Thinking about getting flood insurance? Well you may want to call your agent ASAP.  WHY?  This afternoon, Congress approved a 2 week extension (until June 14) of the National Flood Insurance Program (NFIP), which was set to expire and required reauthorization by 11:59 PM EST tomorrow (May 31, 2019)... Continue Reading →

Modifications of the National Flood Insurance Program (NFIP)

Feature Image Credit: Mark Sullivan Contributing Author: Eric Simmons, FEMA RIX All communities participating in the NFIP (including Honolulu, Kauai, Maui and the Big Island) were recently sent an awareness letter on the Endangered Species Act (ESA).  ESA compliance documentation has been required by FEMA for conditional letter requests for almost 10 years.  FEMA released... Continue Reading →

The Benefits of Flood Insurance Versus Disaster Assistance

Only flood insurance covers flood damage. Without it, your recovery options are limited and costly. Your recovery will depend on your savings, your line of credit or the hope that a federal disaster declaration may make State/Federal disaster-related grants and/or U.S. Small Business Administration low-interest loans available.If you live in a Special Flood Hazard Area... Continue Reading →

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