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NFIP Simplifies Katrina Claims.(National Flood Insurance program)(Brief Article)
Washington -- The National Flood Insurance program will modify the way it handles claims to expedite the response time for policyholders affected by Hurricane Katrina and future storms under a policy announced by the acting flood insurance administrator, David Maurstad.
"The National Flood Insurance Program is working closely with the insurance industry to speed the claims process and enable adjusters to help policyholders get settlements quickly," Mr. Maurstad said in a news release. "For many Hurricane Katrina victims, the effort to rebuild their lives begins with filing a flood insurance claim."
The NFIP is using data on water depths, aerial imagery, and information from underwriting files to determine where it is readily apparent that flood damage covered by the policy will exceed ...
- Buying National Flood Insurance.
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Source: HighBeam Research, NFIP Simplifies Katrina Claims.(National Flood Insurance...