All NFIP articles
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NewsCat models under pressure after a year of global shocks
Earthquakes, wildfires, floods and severe convective storms have tested assumptions and exposed catastrophe modelling blind spots across multiple catastrophe perils.
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NewsVerisk puts $6-11bn insured loss estimate on Helene
Catastrophe modeller Verisk estimates industry insured losses in the US for Hurricane Helene will range between $6-11bn.
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NewsCalifornia floods highlight need for “robust private market” - AM Best
Many homes covered by the NFIP would benefit from an excess policy above the NFIP coverage limit
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NewsFema cuts NFIP reinsurance programme for 2023
Its reinsurance placement has halved to $500m, amid hardening rates and diminishing capacity
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NewsRIMS calls for long-term extension of NFIP
As Florida reels from Hurricane Ian, the US flood insurance program receives a brief reprieve
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NewsTotal economic damage from Ian to breach $100 billion, says KCC
Cat modeller predicts high proportion of litigated claims due to ‘tremendous amount’ of coastal flooding
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NewsExtent of Fiona-related losses depends on grid restoration
Hurricane losses in Puerto Rico and the Dominican Republic will be influenced by duration of BI due to power losses - AM Best
