Oberle Risk Strategies, LLC Blog: fema
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Tuesday, April 10, 2018 The Federal Emergency Management Agency, or FEMA, recently announced its intentions to bolster its reinsurance for the National Flood Insurance Program (NFIP) through a catastrophe bond. According to Insurance Journal: FEMA began purchasing private reinsurance in 2017 and recovered $1. READ MORE >>
Wednesday, March 29, 2017 When it rains, it pours. And when it pours, rivers and creeks have a tendency to flood. Water can be a very powerful force when it becomes abundant enough, and flood damage can be very costly if you need to make repairs to your home. READ MORE >>
Friday, February 24, 2017 A common misconception is that damage from a flood will be covered under a homeowners policy or through FEMA. The truth is, unless a disaster is declared by the federal government, flood insurance is the only way to protect your dwelling and personal property in the event of flood damage. READ MORE >>