Inevitably, let’s check out Houston and Harvey. It’s not the first time we have looked at Houston (or the second, third, or fourth), because Harris County is the flooding capital of the Americas. Forget about 500 year flood zones – Houston has 6 month flood zones.
Topics: Floods, Flood Insurance, Flood Risk, FEMA, Houston
Last week, the President introduced an initiative to streamline the regulatory process around federal infrastructure construction projects (read about it here, or here). As introductions go, it was not exactly textbook, so maybe “released” is a better term than “introduced”.
Topics: Flood Insurance, Flood Risk, NFIP
As risk assessments get better and better, the limiting factor on how well they work is almost always geocoding. A long time ago, we took a look at geocoding for underwriting, which discussed how important it is. Well, everything in early 2015 that was true and valid remains true and valid.
What would an underwriter say if they heard that a monumental amount of unwritten premium was about to become available in a few months? This is something property underwriters are contemplating as the NFIP re-authorization approaches. But is that the right question?
Topics: Insurance Underwriting, Underwriting Profit, Effective Underwriting
Here we are in the dog days of summer, and because we can’t just write about wildfires every week it’s time for the Top 3 posts from Q2.
Topics: Natural Hazard Risk, Flood Insurance, Flood Risk, Flood News
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