France flood insurance companies - Seine June 2016

Flood insurance companies in France could face over $2 billion in losses

The rising Seine River has caused water to rush overland and this flooding is expected to be very costly. The government of France has declared…

Hurricane Sandy Damage flood Insurance surcharge

Flood insurance claims probe sought by New Jersey Senator

U.S. Sen. Robert Menendez feels that victims of Superstorm Sandy were shortchanged by insurers. According to U.S. Senator Robert Menendez (New Jersey), the Federal Emergency…

Hurricane Sandy Damage flood Insurance surcharge

Flood insurance companies sued by almost 1,000 Sandy victims in New Jersey

Lawsuits have been filed by hundreds of homeowners in the state since late last year. According to a recent report based on data from the…

Lloyd’s of London reports second largest loss from 2011’s insurance market swing

The insurance market of Lloyd’s of London LOL.UL has reported that it experienced its second largest losses in 2011, following the absorption of record breaking…

Newly mapped FEMA flood plain requires some Michigan residents to purchase coverage

Certain residents of Michigan have recently received letters from their mortgage companies, informing them that they will be required to purchase flood insurance, or that…

Many U.K. homeowners may not be able to obtain flood insurance by 2014

The Association of British Insurers (ABI) has made an announcement that indicates that approximately 200,000 homes throughout the United Kingdom that are at a high…

Oklahoma gap insurance to fill the additional need for flood coverage

According to a news release from the Federal Emergency Management Agency (FEMA) at the U.S. Department of Homeland Security, despite the fact that flooding is…