March 19, 2024

FEMA: FEMA and Whole Communities Continue Support in Aftermath of Storms

FEMA: FEMA and Whole Communities Continue Support in Aftermath of Storms. States affected this weekend by severe storms were Indiana, Kentucky, Ohio, West Virginia, Virginia, Maryland, Pennsylvania, North Carolina and Washington DC.  Reports have been coming in from rural areas that golf ball … [Read more...]

Severe thunderstorms pack a wallop | power, new, bern – Local News, Weather and Breaking Stories in North Carolina – Sun Journal – newbernsj.com

Severe thunderstorms pack a wallop | power, new, bern - Local News, Weather and Breaking Stories in North Carolina - Sun Journal - newbernsj.com. Anyone with questions on how to deal with NCJUA/NCIUA and their storm damages, call for a free claim review. 855 757 2757 - toll free 252 497 … [Read more...]

Insuring to Replacement Cost

Insuring to Replacement Cost.   The following article is copied from the Insurance Information Institute's website.  The link to the original article can be found here. Background Property insurance is designed to cover the costs to rebuild a home, and insurers often require … [Read more...]

NFIP has been directed since 2004 that there is no longer any requirement to withhold the “recoverable depreciation”

As written by the Outer Banks Sentinel: "The NFIP flood adjusters' manual states that primary residences are not to be depreciated but almost all of the proofs of loss examined by the Sentinel contained depreciation of things such as floors, stairs, doors, etc. That depreciation was noted as … [Read more...]

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