Tag: National Flood Insurance Program

Phil AmmannOctober 23, 2016
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3min266
When Hurricane Matthew battered the East Coast, it killed dozens and caused catastrophic flooding in Florida and North Carolina, with losses estimated in the billions. This followed Hurricane Hermine, which tore through the Florida Panhandle and caused devastating floods in Louisiana. Meanwhile, West Virginia recently saw flash floods that tragically took 23 lives. These extreme […]

Peter SchorschNovember 2, 2015
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4min373
Governor Rick Scott huddled with embattled insurance commissioner Kevin McCarty last Tuesday after a meeting of the Florida Cabinet, however the scheduled meeting did not appear on the governor’s official schedule. The off-the-grid meeting is only serving to fuel speculation that McCarty will soon leave the Office of Insurance Regulation, despite his public statements to the contrary. […]

Janelle Irwin TaylorAugust 14, 2015
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4min178
The Florida Office of Insurance Regulation has responded to State Sen. Jeff Brandes’ request to study the methods used to determine National Flood Insurance Program policy rates. The group agrees that with the limited information available to regulators, the rates may be “unfairly discriminatory.” According to a letter from OIR commissioner Kevin McCarty, his NFIP […]

Janelle Irwin TaylorAugust 12, 2015
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4min199
Florida Senator Jeff Brandes wants FEMA to release data from flood insurance policies under the National Flood Insurance Program to determine whether or not the premiums assessed for policies are excessive or arbitrarily assigned. In a letter to Florida’s Office of Insurance Regulation Commissioner Kevin McCarty Wednesday, Brandes argued there were 100,000 fewer flood insurance […]

Dominic CalabroDecember 12, 2013

5min162
Florida’s congressional delegation has launched an effort to amend every bill they can before the end of December in an attempt to delay premium increases for flood insurance policyholders across Florida. If they are successful, they would protect hundreds of thousands of Floridians from unaffordable rate increases, preventing serious repercussions in the state economy. Florida […]

Guest AuthorNovember 26, 2013

4min172
 If you’ve lived in Florida for a while, you’ve heard stories of people repeatedly rebuilding homes damaged by storms because subsidized insurance and other government programs cover the cost. Now, there’s a move to eliminate the practice, especially on homes that are not primary residences and structures that repeatedly get flooded. So far, so good, […]


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