Apply Online
Schedule a Call

Flood insurance

Rhino targets climate risk home insurability in California

California, Climate Change, Flood, Flood insurance, Homeowners insurance, HWmember, Real Estate, Wildfire /

Property insurance startup Rhino is looking to help real estate agents and their clients assess insurability and find insurance for properties in areas facing high rates of climate disaster risk.  To achieve this goal, Rhino, an insurance brokerage that specializes in securing insurance policies for climate-risk exposed properties in California, has launched DealShield. The software […]

Rhino targets climate risk home insurability in California Read More »

GOP senators push FEMA to scrap Risk Rating 2.0

Flood insurance, Natural disasters, Secondary markets, Servicing /

A group of eight Republican senators is again urging the Federal Emergency Management Agency to scrap Risk Rating 2.0, the flood insurance pricing overhaul implemented under the Biden administration. The request comes in a new letter led by Sen. Bill Cassidy of Louisiana, following a similar appeal he sent to FEMA last June. Processing Content

GOP senators push FEMA to scrap Risk Rating 2.0 Read More »

House advances markup set to improve housing affordability

House advances markup set to improve housing affordability

Flood insurance, Housing affordability, Politics and policy /

A House of Representatives committee advanced a piece of legislation Wednesday aimed at addressing affordability issues in the housing market. Processing Content A markup of the bipartisan Housing for the 21st Century Act was passed, 50-to-1, by the House Financial Services Committee, setting up a potential floor vote early next year. The committee also unanimously

House advances markup set to improve housing affordability Read More »

Florida property insurance market is rebounding from 2022 low point

Flood insurance, Florida, Homebuyers, Homeowners insurance, Hurricane, HWmember, Natural Disaster, Real Estate /

ALIRT Insurance Research released a report this week finding that Florida’s homeowners insurance market has stabilized after years of financial strain — following legislative reforms adopted in late 2022 and early 2023. The 2025 Florida Domestic Property Insurer Market Update concludes that the market has rebounded from conditions in 2022, when litigation costs, rising losses

Florida property insurance market is rebounding from 2022 low point Read More »

Zillow deleting home climate risk scores reveals limits of flood, fire data

Climate Change, Flood insurance, Servicing, Weather and Climate Change Risk /

When Zillow Group Inc. removed climate risk scores from its home listings last month, following a complaint from the real estate industry, many observers took to the press and social media to warn that disappearing the data doesn’t get rid of the risk.  In a world assailed by extreme weather, homeowners and purchasers need to know their property’s vulnerability to

Zillow deleting home climate risk scores reveals limits of flood, fire data Read More »

Trade groups urge Congress to reauthorize NFIP

ALTA, American Bankers Association, Congress, Flood insurance, HWmember, Legislation, Mortgage, Mortgage Bankers Association, National Flood Insurance Program /

Last week, the Mortgage Bankers Association (MBA) and 14 other trade groups representing insurance companies, lenders and other financial institutions urged Congress to approve a long-term reauthorization of the National Flood Insurance Program (NFIP). In a letter to congressional leaders dated Dec. 2, the organizations said that millions of U.S. homeowners depend on the federally

Trade groups urge Congress to reauthorize NFIP Read More »

National Flood Insurance launches faster quote portals

Flood insurance, Servicing, Technology /

National Flood Insurance, LLC is streamlining the flood insurance process for agencies and mortgage brokers with two new platforms. Flood Quotes and the Flood Insurance Portal allow users to compare multiple quotes from carriers, purchase policies directly and manage quotes, policies and client details through a dashboard. “We developed Flood Quotes to simplify, expedite, and

National Flood Insurance launches faster quote portals Read More »

What privatizing the NFIP would cost homeowners: Insurify

Flood insurance, Politics and policy, Servicing /

Privatizing the National Flood Insurance Program would raise premiums by hundreds of dollars, according to a study that estimates the impact as policymakers weigh potential changes and mortgage-related coverage costs climb. The average 64% increase would equate to an additional $600 in annual costs for the average homeowner with flood insurance, who currently pays $933

What privatizing the NFIP would cost homeowners: Insurify Read More »

Flood insurance retroactive restoration bill introduced

Flood insurance, Government Shutdown, Politics and policy /

As the government shutdown comes to an end, two congressmen introduced legislation to retroactively restore the National Flood Insurance Program. Reps. Troy Carter, D-La., and Mike Ezell, R-Miss., introduced the Retroactive Renewal and Reauthorization Act to the House Monday, with hopes to backdate the reauthorization of the insurance program to Sept. 30, the day before

Flood insurance retroactive restoration bill introduced Read More »

Community association leaders advocate on Capitol Hill

Affordability, Congress, Disaster Relief, Flood insurance, HOA, Homeowners insurance, HWmember, Natural Disaster, Politics, Real Estate, U.S. House of Representatives, U.S. Senate, Washington, D.C. /

Hundreds of community association leaders visited Capitol Hill this past Thursday for the Congressional Advocacy Summit hosted by the Community Associations Institute (CAI). More than 200 advocates from CAI — representing more than 77 million homeowners association, condominium and co-op residents — met with members of Congress and their staff to discuss federal issues in

Community association leaders advocate on Capitol Hill Read More »