Lately, New Orleans and the surrounding areas have seen an increase in the frequency and intensity of thunderstorms. This increase in storms typically coincides with an increase in flooding events. Historically, hurricanes were the only weather events that generated such immense flooding. However, times are...
Spring is almost here! As the days get longer and wetter, homeowners should start taking measures to ensure the protection of their family and their possessions in the event of nature working against them. Even without the threat of a hurricane devastating someone’s home or...
Homeowners insurance can feel just like another bill. But when disasters happen, this extra layer of protection can serve as your lifeboat. We believe that if a homeowner is familiar with the most common homeowners insurance claims and how to prepare for the inevitable you...
The Federal Emergency Management Agency has finally secured a reinsurance placement for the National Flood Insurance Program that for the first time is directly backed by capital markets investors. As of now, the Federal Emergency Management Agency (FEMA) has entered into a three-year reinsurance agreement that...
Your pets are just as much part of the family as humans, so it’s important to keep them safe during a hurricane. Hurricanes are scary to be caught in, but with some preparation, you can make the storm easier for you and your pets. Here...
A new study is finally shedding some light on how wealth affects the availability of flood insurance both in Louisiana and nationwide. The study poses the question: how can we help lower-income people afford policies? Even though some flood policies are discounted, the discounts are...
Flood Victims in Louisiana, listen up! The catastrophic flood that devastated Louisiana in 2016 was the worst natural disaster to strike the United States since Hurricane Sandy four years ago. Thousands of people in Louisiana lost everything. However, there is some great news for people that...
In Louisiana, flooding is always a concern for residents, business owners, and even tourists. Cleaning up after a flood can pose health risks; you and your loved ones should wait to re-enter your home until professionals say it is safe. Homes should have no structural,...
The flood waters from Hurricane Irma and Hurricane Harvey have receded. The damage left behind is estimated to exceed $150 billion, on par with the cost of Hurricane Katrina. When any natural disaster strikes, public and private actors step up to cover costs. Also, payouts...
If you haven’t been living under a rock lately, then you know full and well about the devastation that Hurricane Harvey brought to Houston. An unprecedented amount of rain had fallen in the Houston area in just a few days and caused one of the...
