ALABAMA SURVEY ON PRIVATE FLOOD MARKET PROMPTS LEGISLATION TO ENCOURAGE INSURER PARTICIPATION

Alabama Department of Insurance (ALDOI)

Roy

The Alabama Department of Insurance (ALDOI) released results of a survey taken to understand the private flood insurance market in the state. The ALDOI commissioned Milliman, Inc. (Milliman), a premier global consulting and actuarial firm, to survey flood insurance industry stakeholders and understand their concerns and perspectives around writing private flood insurance in Alabama, and ways to overcome regulatory, technical, and consumer-focused challenges.
 


S.C. Private Flood Insurance Act Enacted, Aims to Make Flood Insurance More Accessible

Source: SC DOI Press Release

Roy

From the September 30, 2020 Press Release

"Columbia, S.C. – Monday, Governor Henry McMaster signed the South Carolina Private Flood Insurance Act into law (S. 882). This Act aims to foster innovative flood insurance coverage in South Carolina, allowing insurers the ability to test products in the market and offer consumers greater choice for flood insurance coverage. "


NFIP Training Available Online

Roy
The NFIP offers free online courses in basic and advanced flood insurance topics through the FEMA Emergency Management Institute. NFIP Training courses are free and open to anyone. Click on a link below to begin your self study course. 

 

(note: we first posted this in December of 2015, but it was deleted in error)


Storms Cause Massive Flooding, Evacuation in San Antonio Area

Source:Texas Public Radio - tpr.org

Roy

Storms rolled through San Antonio Saturday and dumped nearly 10 inches of rain, sparking house fires, flooding roads throughout the city, and stranding people in their vehicles and at parks.

San Antonio firefighters responded to nearly 250 water-related incidents. In one case, Chief Charles Hood said his crews were in the middle of rescuing a 60 year old woman when the strong currents grabbed her away from them.


NFIP Adjuster Fee Schedule

CADO Admin

The information below comes from the May 2020 NFIP Claims Manual

9.7 NFIP Fee Schedule

Adjusters may bill based on the current NFIP Adjuster Fee Schedule:

• Current Adjuster Fee Schedule effective August 24, 2017
  (CADO note, the May 2020 Manual refers you to "Appendix A" but the link to the fee schedule returns a page not found so we have added the fee schedule as a download below.)

• For ICC claims, use the ICC fee schedule effective September 1, 2004 (See Appendix B of the May 2020 Manual)

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