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Flood Insurance and Flooding Risks

Preferred Risk Policy Extension Program available for Homeowners

Why the PRP Extension?

Flood maps are changing as the assessment of flood risks changes due to community development, aging flood control structures, natural changes to topography, and better technology. The NFIP wants to ease the transition for property owners who have been newly mapped into a high-risk flood zone and the mandatory flood insurance purchase requirements that go along with map changes. If your property was newly mapped into a high-risk flood zone on or after October 1, 2008, you may be eligible for the lower-cost Preferred Risk Policy for up to 2 years after the latter of the two following dates:

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Change is coming for the Health Care Industry

A potential decline in physician office visits, record spending on health information technology, a total redesign of insurance markets, and the creation of accountable care organizations are among the health industry trends in store for 2011, according to a PriceWaterhouseCoopers report.

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U.S. Dodges Bullet in Busy Hurricane Season

Douglas H. Wheelock/NASA Hurricane Igor, photographed in September from the International Space Station, battered Newfoundland. It was a rarity in that it hit Canada with hurricane force winds.

One of the most active hurricane seasons on record is coming to a close, although you might be forgiven for missing it if you live in the United States. In an exceptional run of good luck, the nation avoided a direct hit by a hurricane for the second year in a row.

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