FEMA Projects Up to $3.5 - $5.3 Billion in Hurricane Ian Flood Insurance Claims Payments From a FEMA News Article: Release Date: November 10, 2022 WASHINGTON -- As of Nov. 10, the National Flood Insurance Program (NFIP) has received more than 44,000 flood claims from Hurricane Ian and has paid nearly $437 million to policyholders. FEMA’s initial... Read more
NFIP Adjuster Fee Schedules – Fiscal Year (FY) 2023 Revision This information and the attachment is from the NFIP Write Your Own (WYO) Bulletin W-22001 issued 8/9/2022 "FEMA is pleased to announce the release of the 2023 NFIP Adjuster and Increased Cost of Compliance (ICC) Fee Schedules. Federal regulation requires fee schedule revisions to... Read more
ALABAMA SURVEY ON PRIVATE FLOOD MARKET PROMPTS LEGISLATION TO ENCOURAGE INSURER PARTICIPATION The Alabama Department of Insurance (ALDOI) released results of a survey taken to understand the private flood insurance market in the state. The ALDOI commissioned Milliman, Inc. (Milliman), a premier global consulting and actuarial firm, to survey flood insurance industry stakeholders and... Read more
S.C. Private Flood Insurance Act Enacted, Aims to Make Flood Insurance More Accessible From the September 30, 2020 Press Release "Columbia, S.C. – Monday, Governor Henry McMaster signed the South Carolina Private Flood Insurance Act into law (S. 882). This Act aims to foster innovative flood insurance coverage in South Carolina, allowing insurers the ability to... Read more
NFIP Claims Manual with effective date 10/2021 This manual improves clarity of flood insurance claims guidance to NFIP Write Your Own (WYO) companies, flood vendors, flood adjusters and examiners, so that policyholders experience consistency and reliability of service. Source: FEMA Website Read more
New Guidelines for NFIP Adjusters A note about the use of the term “Authorized NFIP Adjuster” rather than “Certified NFIP Adjuster”: It is FEMA’s position that certification requires a more formal course of study and the successful passing of a series of examinations before certification is awarded,... Read more
NFIP Training Available Online The NFIP offers free online courses in basic and advanced flood insurance topics through the FEMA Emergency Management Institute. NFIP Training courses are free and open to anyone. Click on a link below to begin your self study course. (note: we first posted this in December... Read more
NFIP Coverage Comparison as of December 31, 2000 This chart shows provides a coverage comparison of the following NFIP policies. The Three Policy Forms There are three policy forms – Dwelling Form, the General Property Form, and the Residential Condominium Building Association Policy. Each is used to insure a... Read more
NFIP Information for Claims Adjusters Information on some of the resources for adjusters that can be found on the NFIP site. Read more
Canada floods: More Alberta cities placed on alert More communities in the Canadian province of Alberta have been placed on flood alert as high water levels move downstream from the city of Calgary. Read more
Claims adjusters at the ready as severe flooding hits southern Alberta "Several major claims adjusting firms are prepared to respond to the severe flooding situation in southern Alberta, which has forced thousands of residents to evacuate their homes." Read more
Storms Cause Massive Flooding, Evacuation in San Antonio Area Storms rolled through San Antonio Saturday and dumped nearly 10 inches of rain, sparking house fires, flooding roads throughout the city, and stranding people in their vehicles and at parks. San Antonio firefighters responded to nearly 250 water-related incidents. In one case, Chief Charles... Read more
NFIP Adjuster Fee Schedule 9/29/2023 Update: "FEMA has revised its NFIP Adjuster Fee Schedule. The revised NFIP Adjuster Fee Schedule will be effective on October 1, 2023, and is applicable to claims with dates of loss on or after October 1, 2023. The 2022 Increased Cost of Compliance (ICC) Fee Schedule was not... Read more