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Sandy Jacks Up National Flood Insurance Program Debt

  The National Flood Insurance Program was $20 billion in debt before Superstorm Sandy.   It’s going to get much worse. Over decades the NFIP (National Flood Insurance Program) has been subsidized by the taxpayer.  But that hasn’t been...

Homeowners Insurance Prices Going Up After Sandy

That didn’t take long. We recently saw our first notice of an insurer raising their pricing effective Dec. 1st, presumably as a direct result of Sandy. The insurer will be raising pricing across the board for CT homeowners by 5% and slightly more for properties...

Should Flood Insurance Be Subsidized?

  Flood Insurance, almost all of which is written through the National Flood Insurance Program is distrubuted and administered mostly by insurance companies and agents.  But financially it is provided through the Federal Emergency Management Agency,...

Power Out. Phone, Too.

  The power went out at our office yesterday, as well as the phone. ForTheLoveOfPete, NOT NOW!  You may have been frustrated if you tried to contact us in the last couple days!  While our office was fully functional after Sandy, but the snowstorm got us...