Insurance Adjuster Work and Career Resources
 

Adjuster Estimates

Flood


NFIP Adjuster Fee Schedules – Fiscal Year (FY) 2024 Revision

Effective on October 1, 2023

" 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 revised."


2023 Standard Flood Insurance Policy (SFIP) Commentary

Source: NFIP WYO Company Bulletins

" FEMA is pleased to announce the release of its SFIP Commentary. The SFIP Commentary complements the NFIP Claims Manual (June 2023) by helping claims professionals quickly find current NFIP guidance relevant to key provisions and concepts contained within the Standard Flood Insurance Policy. The Commentary primarily refers to the Dwelling Form but highlights points of difference with the General Property and Residential Condominium Building Association Policy (RCBAP) as applicable."


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 estimate projects Hurricane Ian could potentially result in NFIP claims losses between $3.5 - $5.3 billion, including loss adjustment expenses. The losses include flood insurance claims received from five states, with the majority of claims coming from Florida.

The agency based the initial estimate on several data points. These include policy information, daily reports of claims and payments made, significant historical events patterns of reported claims and payments, current economic conditions and claim adjuster observations.


NFIP Adjuster Fee Schedules – Alternative Fee Schedule

To apply to claims reported with a date of loss of September 17, 2022, and later.

The information below comes the WYO Bulletin W-22007 issued 10/1/2022

The Fiscal Year (FY) 2022 WYO Financial Assistance/Subsidy Arrangement (“Arrangement”) at IV.C.2 authorizes the Federal Emergency Management Agency (FEMA), in its sole discretion, to authorize the use of an alternative Fee Schedule to ensure the availability of qualified insurance adjusters during catastrophic flooding events.


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 align with a new FY WYO Financial Arrangement. The FY2023 Arrangement will be effective October 1, 2022; therefore, the 2023 NFIP Adjuster and ICC Fee Schedules will apply to claims with dates of loss on or after October 1, 2022. FEMA is providing the notice well in advance to allow WYOs and the NFIP Direct time for system updates.

 


ALABAMA SURVEY ON PRIVATE FLOOD MARKET PROMPTS LEGISLATION TO ENCOURAGE INSURER PARTICIPATION

Alabama Department of Insurance (ALDOI)

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 understand their concerns and perspectives around writing private flood insurance in Alabama, and ways to overcome regulatory, technical, and consumer-focused challenges.
 


Addendum to the NFIP Adjuster Claims Manual — Special Adjustment Issues: Fiberboard Sheathing/Blackboard

WYO Bulletin w-17065

On October 13, 2017, the National Flood Insurance Program (NFIP) updated the NFIP Adjuster Claims Manual by adding an addendum providing additional guidance on special adjustment issues surrounding perimeter wall sheathing. The addendum expands upon and replaces existing guidance found at Paragraph P of Section VIII of the NFIP Adjuster Claims Manual.


Special Adjuster Fee Schedule for Claims with a Date of Loss on or after August 24, 2017, through November 30, 2017

Source: Bulletin W-17045

Hurricanes Harvey and Irma caused widespread flooding in Texas, Louisiana, the U.S. Virgin Islands, Puerto Rico, Florida, and the southeast United States. Due to the catastrophic impacts of these hurricanes and the increased demand for flood insurance adjusters, the Federal Emergency Management Agency (FEMA) is increasing the amount it will pay to adjust flood insurance claims.

The entire insurance industry is searching for qualified individuals to join the ranks of claims adjusters to handle losses from Harvey, Irma, and future events. FEMA recognizes the specialized knowledge required to properly adjust NFIP losses. Adjusters must know the differences between the Standard Flood Insurance Policy (SFIP) and private industry property insurance forms. They must know interpretations of coverage made by FEMA and the unique reporting requirements of the NFIP. Accordingly, FEMA maintains a list of adjusters authorized to handle NFIP losses.


West Virginia Flooding

NFIP Policy Counts for the named counties

President Declares Major Disaster for West Virginia

WASHINGTON – The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) today announced that federal disaster assistance has been made available to the State of West Virginia to supplement state and local recovery efforts in the area affected by severe storms, flooding, landslides, and mudslides beginning on June 22, 2016, and continuing.


The President's action makes federal funding available to affected individuals in of Greenbrier, Kanawha, and Nicholas counties.  Assistance can include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and business owners recover from the effects of the disaster.    

NFIP Policy Counts the counties listed above ...


Flood-Stricken West Virginia Counties Get Federal Disaster Designation - ABC News


CNN

Flood-Stricken West Virginia Counties Get Federal Disaster Designation
ABC News
Three West Virginia counties devastated by flooding will receive federal disaster assistance, the state's governor announced today as the death toll rose again. The Federal Emergency Management Agency will provide individual assistance, which includes ...
West Virginia flooding leaves at least 23 deadCNN
West Virginia Flooding: At Least 24 Dead as Federal Disaster DeclaredNBCNews.com
Residents Begin Cleanup, Seek Help After Deadly West Virginia FloodWall Street Journal
Huffington Post -USA TODAY
all 711 news articles »

At least 26 dead as historic floods sweep West Virginia - USA TODAY


USA TODAY

At least 26 dead as historic floods sweep West Virginia
USA TODAY
The bodies of three more victims of West Virginia's historic flooding were found overnight Saturday, according to county authorities, raising the death toll to 26 from torrential rains and high water that has destroyed more than 100 homes, washed out ...
23 Dead in Devastating West Virginia FloodingABC News
West Virginia Floods: 23 Killed, Including Toddler, as Thousands Left Without PowerNBCNews.com
Death toll climbs to 26 in West Virginia floodingWSAZ-TV
Fox News -CNN
all 432 news articles »

GALLERY: Flooding in Rainelle, Richwood, White Sulphur Springs and surrounding areas - Beckley Register-Herald


Beckley Register-Herald

GALLERY: Flooding in Rainelle, Richwood, White Sulphur Springs and surrounding areas
Beckley Register-Herald
GALLERY: Flooding in Rainelle, Richwood, White Sulphur Springs and surrounding areas. 15 hrs ago. Scenes from flooding in Rainelle, surrounding areas and the emergency shelter setup at Ansted Baptist Church in Ansted on Friday. Close. 1 of 102.

and more »

Historic floods swamp West Virginia - USA TODAY


USA TODAY

Historic floods swamp West Virginia
USA TODAY
Kathy Bostic sits on a roof as she looks through a muddied plastic tote full of family photographs that she rescued from her flood-damaged home along Jordan Creek Road in Elkview, W.Va., June 24, 2016. Sam Owens, Charleston Gazette-Mail, via AP.
West Virginia's governor: 14 people dead in floodingWJTV
Caught On Camera: House on fire swept down flooded riverFOX 5 DC

all 695 news articles »

EU referendum voters wade through water as floods hit south-east - The Guardian


The Guardian

EU referendum voters wade through water as floods hit south-east
The Guardian
Thousands of commuters were stuck at Waterloo station as trains were either delayed or cancelled because of flooding, with several people tweeting that they would miss the 10pm deadline to cast their ballot. Waterloo is one of London's busiest stations ...
Thunderstorms and flash floods caused chaos across Britain in the final hours of the EU Referendum, as commuters ...Telegraph.co.uk
UK weather: London and South East hit by flash flooding – in picturesThe Independent
Go home now! People urged to leave work early as more flooding is on its wayMetro
BBC News -Evening Standard -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 of 2015, but it was deleted in error)


Governor Abbott Adds 24 Counties To Disaster Declaration

NFIP Flood Policy for the counties

TO ALL TO WHOM THESE PRESENTS SHALL COME:

I, GREG ABBOTT, Governor of the State of Texas, issued an Emergency Disaster Proclamation on May 11, 2015, certifying that the severe weather, tornado and flooding event that began on May 4, 2015, has caused a disaster in Bosque, Clay, Denton, Eastland, Gaines, Montague and Van Zandt counties in the State of Texas.  On May 15, 2015, I amended my proclamation of May 11, 2015, to include Cooke, Grimes, Hood, Navarro, Smith and Wise counties.  Severe weather, tornadoes and flooding continue in these and other counties in Texas.


Flooding closes I-64 in Indiana, swamps tractor-trailers - USA TODAY


USA TODAY

Flooding closes I-64 in Indiana, swamps tractor-trailers
USA TODAY
JASPER, Ind. — Heavy rains closed parts of Interstate 64 on Friday and led to the rescue of a UPS driver. Westbound portions of the highway between Evansville, Ind., and Louisville, Ky., were closed in Perry and Dubois counties starting around 7 a.m ...
Flooding shuts down sections of I-6414 News WFIE Evansville
Section of I-64 closed near Ferdinand in Southern Indiana due to - 13 WTHR ...WTHR
Flooding leads to rescue of driver after Indiana stormsYour News Now
The Herald
all 14 news articles »

Flooding in Louisville Closes Roads, Prompts Water Rescues - ABC News


U.S. News & World Report

Flooding in Louisville Closes Roads, Prompts Water Rescues
ABC News
Authorities in Louisville, Kentucky, made more than 100 water rescues early Friday as area storms flooded roads and prompted at least one evacuation. Louisville MetroSafe spokeswoman Jody Duncan says 116 water rescues had been made since 1 a.m. ...
Training thunderstorms cause dangerous overnight flooding in Kentucky, IndianaWashington Post (blog)
'Like a hurricane': Floods swamp Louisville, prompt recuesU.S. News & World Report
Flooding hits Louisville.... updatesWLKY Louisville
The Courier-Journal -New York Daily News
Read more

Storms, rain, flooding in Good Friday forecast - Cincinnati.com


Cincinnati.com

Storms, rain, flooding in Good Friday forecast
Cincinnati.com
Most of Northern Kentucky is under a flood advisory, while the rest of the region is under a flood watch, according to the weather service. The Ohio River is not expected to get close to flood levels. High temperatures near 65 are expected Friday, with ...
Rain, snow return to CNY after warmup; minor flooding possibleSyracuse.com
NWS: Flooding possible as rain continues todayEvansville Courier & Press
Flood watch to begin at 2 this afternoonThe Daily Gazette
Batesville Herald Tribune -Pittsburgh Post-Gazette -Read more