Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in areas prone to flood damage. FEMA oversees the program and writes the terms of the Standard Flood Insurance...more
9/6/2024
/ Denial of Insurance Coverage ,
FEMA ,
Flood Insurance ,
Flooding ,
Insurance Industry ,
National Flood Insurance Program ,
Natural Disasters ,
Policy Exclusions ,
Proof of Loss ,
Property Damage ,
Severe Weather
Insurance policies hold immense significance for business owners and professionals, as they can be a safety net for life's unexpected curveballs and can also assist business owners and professionals with proactive planning...more
It is true that death and taxes are certainties of this life, but so too is the fact that neither the risks that businesses face nor the businesses themselves are static. Both are dynamic and evolve over time. As the risks...more
Community associations ("Associations") act through their board members and officers, who are volunteers and are generally willing to serve because they care about their communities.
Notwithstanding their status as...more
Like a broken umbrella in a rainstorm, insurance disputes between an insurer and its policyholder can become a huge, inconvenient, and costly problem for the policyholder....more
Knowing the legislative mandate (i.e. the mission) of a licensing body is a crucial step in understanding its scope of authority to govern the licensed professionals subject to its authority.
This article provides a...more
North Carolinians know when Hurricane season begins and ends; we know what a "spaghetti model" is; and we know who in our neighborhood has a generator!
But do we know enough about windstorm insurance policies and how to...more