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Tag Archives: flood insurance

Posted in Regulatory and legislative updates, USA

US: Temporary extension of the NFIP in wake of Hurricane Harvey

On September 8th, just days after Hurricane Harvey decimated the Houston metropolitan area, and while many Florida residents were evacuating as Hurricane Irma approached, President Trump signed into law the Continuing Appropriations Act, 2018. Among other things, the Act appropriates disaster funds to the Federal Emergency Management Agency (“FEMA”) and temporarily extends the National Flood

Posted in Market developments, UK

UK: Flood Re – how will the scheme work?

The Department for Environment, Food and Rural Affairs (DEFRA) has recently published a note setting out the details of the government’s approach to flood insurance. The note covers important aspects of the scheme and provides background into the detail of how the scheme will work. It is intended as a guide and may not represent