R. Bruce Wallace | Nexsen Pruet | September 7, 2017 As hurricane season swings into full measure, the flooding of Hurricane Harvey has ravaged Texas, and Irma’s path remains uncertain, it is time to revisit the law of flood insurance. In May of this year, Nexsen Pruet wrote about the Woodson decision from the United States Court of… Continue reading Sink or Swim – District Court Approves Removing Flood Insurance Claims to Federal Court
Tag: Flood Insurance
FEMA Repeals Contested insurance Rule, Landrieu Says
Daily Comet – May 6, 2014 FEMA has fully repealed a provision that made it impossible for new buyers of homes or businesses to assume a property’s existing flood insurance policy, U.S. Sen. Mary Landrieu, D-La., said. She said she received word of the action during a phone call with National Flood Insurance Program Associate… Continue reading FEMA Repeals Contested insurance Rule, Landrieu Says
Property Insurance Increases Likely for Coastal Residents
Wayne Faulkner – March 31, 2013 Many coastal-area homeowners hit by waves of property insurance increases in recent years should get ready for another pounding. A new federal law is threatening huge hikes in flood insurance premiums for certain homes and businesses when it kicks in this year and next. The law, called the Biggert-Waters… Continue reading Property Insurance Increases Likely for Coastal Residents