Canadian Underwriter

Keyword
National Flood Insurance Program.


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U.S. forum urges need for disaster-exposed communities to be more resilient: A.M. Best

June 27, 2016 by Canadian Underwriter

Industry players focused on resilience experts are facing a big, but unfortunately familiar, challenge: making people aware of the critical need to ensure they are prepared for natural disasters in the event they occur. That is, at least in part,

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Excess & surplus property insurers ‘may be first’ to enter U.S. flood market if proposed reforms passed into law: S&P

June 16, 2016 by Canadian Underwriter

With the United States National Flood Insurance Program scheduled to expire in September, 2017 and the House of Representatives unanimously approving a bill intended to give consumers more choice in buying flood insurance, the market for flood coverage “may end

flood texas Texas was hit with severe storms in April, 2016 that caused flooding. Photo courtesy of the United States Federal Emergency Management Agency
News InsuranceMergers and Aqcuisitions

Lloyd’s-written U.S. flood coverage from Marsh unit touted as alternative to NFIP

May 13, 2016 by Canadian Underwriter

Two weeks after the United States House of Representatives passed legislation proposing to allow private insurers into the flood market, a Marsh subsidiary announced Thursday a U.S. flood insurance product “designed to be a cost-effective alternative” to America’s National Flood