News & Analysis as of

Severe Weather Flooding National Flood Insurance Program

Ward and Smith, P.A.

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of NFIP Flood Insurance Policies

Ward and Smith, P.A. on

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

Woodruff Sawyer

Flood and Water Damage: Which Insurance Policy Do You Turn To?

Woodruff Sawyer on

The new year brought a series of ferocious storms that ravaged the California coast for weeks. By mid-January, this so-called “atmospheric river” caused at least eight million Californians to be under flood watch as wind and...more

Woodruff Sawyer

Managing the Risk of Floods

Woodruff Sawyer on

In the face of winter—and all the wet weather that comes with it—FEMA’s National Flood Insurance Program would like everyone to understand the risks of flooding. Flooding has occurred across many parts of the country (yes,...more

Pillsbury - Policyholder Pulse blog

Flooded by Ida? Many Policyholders Can Expect Increased Premiums for Flood Insurance

After hitting the shores of Louisiana with winds of up to 172mph in late August, Hurricane Ida’s remnants barreled up to the northeastern United States, leaving waves of destruction in its wake. The deluge of rain—more than...more

Moore & Van Allen PLLC

Water Under the Bridge: Revised Interagency Flood Insurance Q&As to Replace Decade-Old Q&As

Moore & Van Allen PLLC on

For the first time in nearly a decade, the Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Farm Credit Administration, and the National...more

Ballard Spahr LLP

Industry Trade Groups Urge Congress to Extend National Flood Insurance Program

Ballard Spahr LLP on

As previously reported, unable to agree on long-term reforms for the National Flood Insurance Program (NFIP), at the end of last year Congress extended the NFIP through September 30, 2020, which is the end of the current...more

Ballard Spahr LLP

Congress Agrees to Extend NFIP Through September 2020

Ballard Spahr LLP on

As part of legislation to fund various federal government agencies after December 20, 2019, the House of Representatives and Senate agreed to extend the National Flood Insurance Program (NFIP) until September 30, 2020....more

Ballard Spahr LLP

Congress Further Extends National Flood Insurance Program

Ballard Spahr LLP on

As previously reported, the authorization for National Flood Insurance Program was scheduled to expire on November 21, 2019....more

Ward and Smith, P.A.

The Aftermath: Recovering From a Hurricane

Ward and Smith, P.A. on

It is said that preparedness is the best protection against the dangers of a hurricane. Many Eastern North Carolina residents are taking the right precautions to protect their families, businesses, and property as...more

Zelle  LLP

Latest Arkansas Floods Will Test The Already Vulnerable National Flood Insurance Program

Zelle LLP on

President Trump recently declared the flooding throughout the Gulf Coast a National Emergency and pledged federal resources, including FEMA, to assist with the recovery efforts. All the while, one of the linchpins in...more

Ballard Spahr LLP

Congress Passes Six-Month Extension of National Flood Insurance Program

Ballard Spahr LLP on

On June 3, 2019 the United States House of Representatives approved H.R. 2157, which provides for aid to address the consequences of various natural disasters and also includes an extension of the National Flood Insurance...more

Ward and Smith, P.A.

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of NFIP Flood Insurance Policies

Ward and Smith, P.A. on

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in higher-risk areas. FEMA oversees the program and writes the terms of the Standard Flood Insurance Policy...more

Ballard Spahr LLP

Joint Final Flood Insurance Rule Regarding Private Insurance

Ballard Spahr LLP on

Federal financial institution regulators recently issued a joint final rule to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (the “Act”) that require regulated financial institutions to accept...more

Ballard Spahr LLP

National Flood Insurance Program Update

Ballard Spahr LLP on

As previously reported, in early December 2018 Congress passed another short-term extension of the National Flood Insurance Program that was scheduled to expire on December 21, 2018. ...more

Bradley Arant Boult Cummings LLP

Debate over NFIP Reforms Likely to Extend into 2019

A new short-term extension through December 21 leaves the National Flood Insurance Program (NFIP) in limbo as Congress grapples with a lengthy to-do list in advance of the holidays. NFIP, the biggest source of flood coverage...more

Ballard Spahr LLP

Another Temporary Extension of the Flood Insurance Program

Ballard Spahr LLP on

As previously reported, the National Flood Insurance Program was scheduled to expire on November 30, 2018 and Congress extended the Program to December 7, 2018. ...more

Ballard Spahr LLP

One Week Extension of Flood Insurance Program

Ballard Spahr LLP on

As previously reported, the National Flood Insurance Program was scheduled to expire on November 30, 2018. Once again, Congress has kicked the can down the road by authorizing a temporary extension of the Program, rather than...more

Bradley Arant Boult Cummings LLP

National Flood Insurance Program Shows Continued Promise–and Limitations–for Businesses Recovering from Hurricane Loss

Following record-setting levels of rainfall in the Carolinas from Hurricane Florence, businesses both in and outside of affected areas will likely be reviewing their flood coverage to assess how it will respond to adverse...more

Carlton Fields

National Flood Insurance Program Extended to November 30, 2018

Carlton Fields on

On July 31, 2018, President Trump signed the National Flood Insurance Program Extension Act of 2018. The act extends the duration of the National Flood Insurance Act to November 30, 2018, updating both the “Financing” (42...more

Ballard Spahr LLP

Eleventh Hour Reauthorization of National Flood Insurance Program

Ballard Spahr LLP on

On July 31, 2018, the day that the National Flood Insurance Program was set to expire, the United States Senate voted 86 to 12 to reauthorize the program through November 30, 2018.  ...more

Carlton Fields

National Flood Insurance Program Reauthorized Through December 8, 2017

Carlton Fields on

On September 8, 2017, Congress passed legislation extending the National Flood Insurance Program until December 8, 2017. The program was set to expire at the end of September. ...more

Locke Lord LLP

Senate Passes Bill Proposing Three Month NFIP Extension

Locke Lord LLP on

On Friday, September 7th, the Senate passed a bill increasing the disaster aid within the National Flood Insurance Program (the “NFIP”) to $15 billion. The NFIP was initially established in 1968 to provide flood coverage to...more

Robins Kaplan LLP

When it Rains it Floods: California Rainstorms and Flood Insurance

Robins Kaplan LLP on

Until very recently, the scarcity of water and the decline in oil prices in California prompted the joke that oil was being used as fracking fluid to get water out of the ground. In the last week, however, so much rain has...more

Cozen O'Connor

Can Disputes Related To Procurement Of Federal Flood Insurance Policies Be Litigated In State Court?

Cozen O'Connor on

It is well-established that claim processing and wrongful denial of coverage disputes involving federal flood insurance policies belong in federal court because they present substantial questions of federal law. The U.S....more

Robinson+Cole Property Insurance Coverage...

A State Law Wolf in Federal Common Law Clothing: The Third Circuit Rejects Insured’s Attempt to Expand Causes of Action Under the...

Courts across the country (and particularly since Super Storm Sandy in 2012) have consistently held that, in litigation involving a dispute concerning the investigation, adjustment, or payment of a flood claim under the...more

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