Tag Archives: NFIP

Big ‘I’ Applauds House Financial Services Committee for Flood Reauthorization

The Independent Insurance Agents & Brokers of America (the Big “I”) thanks the House Financial Services Committee for passing a measure to extend the National Flood Insurance Program (NFIP) for five years. “The Big ‘I’ applauds the committee for voting … Continue reading

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Big ‘I’ Statement on NFIP Reauthorization

Last week, The Independent Insurance Agents & Brokers of America (the Big “I”) released the following statement by Charles Symington, Big “I” senior vice president of external, industry & government affairs, on the Congressional reauthorization of the National Flood Insurance … Continue reading

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NFIP Reverses Mid-Term Cancellation Policy

On Monday, FEMA issued a bulletin stating that consumers cannot receive a refund for unearned premiums if they cancel a NFIP policy mid-term in favor of a private policy. The Big “I” is disappointed by this news but will continue to pursue … Continue reading

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NFIP Changes Effective April 1

In accordance with current flood reform laws, April 1, 2019, NFIP Changes will include: An average premium increase of 7%, An expansion to the primary residence designation, and The addition of a severe repetitive loss premium and a clear communications … Continue reading

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NFIP Program Changes – Effective October 1, 2018

FEMA has published a memorandum announcing changes to the NFIP Flood Insurance Manual that will become effective October 1, 2018. Examples of changes applicable to new business, renewals, endorsements, and cancellations include: 1. Cancellation Reason Code 26 for Duplicate Coverage … Continue reading

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Key Fundamentals of Flood Insurance Seminar Presented by NFIP

Earn 3 hours of CE Credit for Texas Insurance Agents Only August 14, 2018 Fort Worth, TX Marriott Champions Circle 3300 Championship Parkway Fort Worth, TX 76177 REGISTER August 15, 2018 Houston, TX Courtyard Marriott West Energy Corridor 2401 Katy Freeway Houston, … Continue reading

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Big “I” Praises Senate Passage of NFIP Extension

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) praises the U.S. Senate for passing a measure to extend the National Flood Insurance Program (NFIP) through Nov. 30. “The Big ‘I’ thanks the Senate, and especially … Continue reading

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Contact Congress: Renew NFIP

The National Flood Insurance Program (NFIP) is scheduled to expire in two weeks, on July 31, unless the U.S. Congress acts to extend the program. Please take a moment to call your federal legislators (below) with the following message. You will likely speak … Continue reading

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David Maurstad Chats NFIP with Big “I”

Recently, the Big “I” sat down for a Facebook Live interview with David Maurstad, who now oversees the NFIP. Reauthorization of the NFIP is an important priority for the Big “I” and was a top issue at the association’s Legislative … Continue reading

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Could Private Flood be a Smart Alternative to NFIP?

The NFIP was extended last week as part of broader government funding legislation.  The U.S. Senate and House of Representatives were able to pass a continuing resolution to fund the government through March 23. The funding measure includes a temporary … Continue reading

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