June 1 marked the start of hurricane season, and according to the National Oceanic and Atmospheric Administration (NOAA), the Atlantic hurricane season will be a busy one. NOAA predicts a 60% chance of an above-normal season, a 30% chance of a near-normal season and only a 10% chance of a below-normal season. Since June 1,
Private Flood Insurance Rules Now in Effect for Lenders and Servicers
The Board of Governors of the Federal Reserve System, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency (the interagency regulators) issued a final rule in February 2019 implementing the portion of the Biggert-Waters Flood Insurance Reform Act mandating acceptance of
Upcoming Event – Catastrophe Claims: Insurance Coverage for Natural and Man-Made Disasters
Bradley attorney Geoffrey Greeves will present “Catastrophe Claims: Insurance Coverage for Natural and Man-Made Disasters” as part of Strafford Live CLE Webinars.
The panel will discuss the evolving trends and key coverage issues triggered by natural and man-made disasters, which produce claims under nearly every type of insurance in the marketplace. The program