Category: Flood Insurance

Flood Insurance – FloodInsurer.com

AM Best Affirms Credit Ratings of Wright National Flood Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE[1])–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit of “a-“ of Wright National Flood Insurance Company (WNFIC) (San Antonio, TX). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect WNFIC’s balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, limited...

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Press Release: National Flood Insurance Program Announces Increase to 25%

ROCKY POINT, N.Y., May 19, 2016 /PRNewswire/ — Based on information from the National Flood Insurance Program ALL flood insurance POLICIES are subject to new assessments and surcharges. Premiums are expected to increase 9% on average. New York, Nassau & Suffolk homeowners can expect flood insurance rates[1] to continue to rise year over year, with the highest increase of 25% for...

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Agencies Release Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance

FOR IMMEDIATE RELEASE WASHINGTON—Five federal regulatory agencies today requested public comment on new and revised Interagency Questions and Answers Regarding Flood Insurance. The Interagency Questions and Answers, which provide information addressing technical flood insurance-related compliance issues, were last updated in 2011. The agencies are proposing new questions and answers for inclusion in the Interagency Questions and Answers in light of...

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