For the last several years, the Florida insurance market has seen significant increases in property premiums due to insurance fraud, natural disasters, and increasing reinsurance costs Many homeowners insurance carriers have either requested massive rate increases or left the...
Watch Joe “Flood” Rossi on WCVB TV’s Forecasting our Future Recently, JFIB’s CEO, Joe “Flood” Rossi, was on WCVB television’s special “Forecasting our Future” The hour-long special features segments on different...
From January 19th to the 23rd, FEMA will be moving their Risk Rating 20 rating engine to the cloud According to FEMA, “This migration is critical for the National Flood Insurance Program’s (NFIP’s) ability to provide a modern and effective...
Christmas Hours… and Stay Safe During Holiday Storm Our hours over the Christmas and New Years holiday A Happy Holidays to you from JFIB! We will be closed: -Friday, December 23rd-Monday, December 26th-Monday, January 2nd Enjoy the weekend with friends...
NFIP Extended to December 23rd; Expected to be extended to September 30th 2023 Congress has passed a one-week continuing resolution avoiding a government shutdown and a lapse of the National Flood Insurance Program (NFIP) This allows Congress to work on...
FEMA Awards Joe “Flood” Rossi with the CRS Award For Excellence, a national award Carver, MA (November 28th, 2022): Joe “Flood” Rossi, President and CEO of Joe Flood Insurance Brokerage, Inc and Executive Director of the Massachusetts Coastal Coalition, has...
The Federal Housing Administration (FHA) announces they will now accept private flood insurance! FHA announced on Monday that they will start accepting private flood insurance starting December 21st, 2022 The long awaited rule from FHA will allow the many individuals...
The 2022 hurricane season had been quiet until Hurricane Ian struck Florida on Sept 28, 2022 With estimated insurable losses between $40 billion and $70 billion, Hurricane Ian could be one of the most expensive hurricanes in US history, second...
On April 1st, Risk Rating 20 began its full implementation As more National Flood Insurance Program (NFIP) policies are written and renewed into the new rating system, it is apparent that Risk Rating 20 is meeting its goal of communicating...
Enhancements to Upstream coverage and commission coming in 2023 Joe Flood Insurance Brokerage, Inc is excited to make two big announcements These changes are a result of our commitment to our agency partners, and our shift closer to an MGA...
Biden signs extension; JFIB in the news; Webinar material Available President Biden signs extension to NFIP to December 16th Congress passed an extension to government spending on Friday that funds the federal government through December 16, 2022 which was then...
NFIP Expires Tomorrow; Extension Expected The NFIP expires tomorrow, September 30th at midnight, without an extension by Congress However, an extension to December 16th is expected by the deadline Without an extension, the NFIP would not be able to write...