FEMA Issues Risk Rating 2.0
On April 1st, the Federal Emergency Management Agency (FEMA) released its first official communication on the long-awaited overhaul of the National Flood Insurance Program (NFIP)’s rating system. The new pricing methodology, known as Risk Rating 2.0, uses new modeling...National Flood Insurance Program Set to Expire Tomorrow
As of the writing of this blog post, Congress has not yet extended the National Flood Insurance Program, which expires at midnight on Friday, November 30th. There is currently no clear path forward, but experts are “cautiously optimistic” that a deal will...Hurricane Florence Threatening East Coast
Hurricane Florence is expected to become a major hurricane by mid week, and threaten ALL of the East Coast. While its direct impact is currently expected to be around the North Carolina coast, areas up to New England and Massachusetts can expect drenching rain and...