With the evolution of the NFIP as Risk Rating 20 is rolled out, and the explosion of the private flood market, the way that consumers can save money on flood insurance is changing From map amendments to home elevations, much...
Joe “Flood” Rossi named Chair of IIABA Flood Insurance Subcommittee Joe Flood Insurance Brokerage congratulates our President and CEO, Joe “Flood” Rossi, on being named Chair of the IIABA, also known as the “Big I” Flood Insurance Subcommittee This Subcommittee focuses...
Upstream is the proprietary flood insurance product by JFIB, created by experts to make the flood insurance experience simple for agents With expanded coverages like $100,000 in ICC, expanded loss prevention coverages, and more, Upstream’s ability to write large and small risks...
In late 2020, the Department of Housing and Urban Development (HUD) released its proposed rule to accept private flood insurance for Federal Housing Administration (FHA) insured loans Currently, FHA is one of the few lending programs that does not accept...
When FEMA announced the transformation of the National Flood Insurance Program (NFIP) with updated and modernized rating dubbed Risk Rating 20, questions and concerns were raised from various industries such as insurance agents and real estate professionals As FEMA begins...
In August, FEMA released rates for the highly anticipated National Flood Insurance Program (NFIP) rating redesign Risk Rating 20, also called “Equity in Action” Equity in Action’s more nuanced approach will no longer be based on flood zones or base...