This spring's flood season is forecasted to be worse than average, affecting some 128 million Americans. According to a recent survey we conducted with The Harris Poll, much of that damage is likely to be uninsured. Why? Because most Americans vastly underestimate their exposure to flood damage. Here's a closer look at the disconnect, plus tips on how agents can tap into NFS resources to help Americans be ready when floods hit.
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Tuesday, May 19, Michigan Governor Gretchen Whitmer issued a state of emergency for Midland County after two dams (Edenville and Sanford) were breached. Unprecedented flooding, as a result of several days of heavy rainfall, caused the dams to collapse and has displaced thousands of residents of Midland County and neighboring areas.
What storm activity can we expect in 2020? On April 2, 2020, the Tropical Meteorology Project Forecast from Colorado State University advised: “We anticipate that the 2020 Atlantic basin hurricane season will have above-normal activity.” Below is their forecast for Named Storms, Hurricanes, and Major Hurricanes.
This is an unprecedented flood season: the risk of flooding has increased as extreme weather becomes the norm, and the global fight against the Coronavirus pandemic has placed further strains on agents, insureds and their communities.
Our ability to be prepared and ready for the flood season wouldn't be possible without the teams who make it happen. As part of our efforts to support the country in the up-coming flood season, we wanted to give a shout out to those who support our clients, their agents, and their insureds.
National Flood Services Transforms Access to Flood Coverage by Launching Trident, a Revolutionary Flood Insurance Solution Cloud-based solution combines flood insurance purchasing, underwriting, management and servicing into a single powerful platform. Kalispell, Mont. – March 11, 2020 (9am CST) – National Flood Services, a leading flood insurance solution provider, today announced the launch of Trident, a wholistic platform that modernizes every aspect of the flood insurance experience for policyholders, agents, write-your-owns (WYOs), claims examiners and back-office operations staff. Flood insurance has been underserved by technology, despite the wave of innovation transforming other areas of the insurance industry. Homeowners [...]
National Flood Services Names Ralph Blust as Chief Executive Officer KALISPELL, Mont. May 13, 2019 (BUSINESSWIRE)--National Flood Services announces the appointment of Ralph Blust as Chief Executive Officer. Blust will replace interim CEO George Ruhana, who will continue in his role as operating partner. “We are fortunate to have found such a strong CEO in Ralph and are excited about the leadership qualities he brings to NFS,” said George Ruhana. “We are building world-class technology and solutions to protect the nation from the impact of flooding. With over 30 years of insurance industry experience, Ralph is uniquely positioned to [...]
National Flood Services Appoints Rick Tighe as Managing Director of Growth Strategies, Effective Dec. 30, 2019 Kalispell, Mont. – Dec 30, 2019 (9am CST) – National Flood Services, a leading flood insurance solution provider, today announced the appointment of Rick Tighe as the new Managing Director of Growth Strategies. In his new role, Rick will be responsible for the long-term strategy and innovation to drive growth for NFS and their clients and will oversee a new department bringing together Marketing, Client Engagement, Agent Development, NFIP Direct, and Growth Strategies. Rick previously ran the insurance sector for Ricoh where he [...]
National Flood Services Appoints Megan Burke Roudebush as Managing Director of Compliance, Effective Mar. 2, 2020 Kalispell, Mont. – March 13, 2020 (9am CST) – National Flood Services, a leading flood insurance solution provider, today announced the appointment of Megan Burke Roudebush as the new Managing Director of Compliance. In her new role, Megan will own NFS’ strategic and holistic approach to compliance, ensuring the on-going adherence with NFIP guidelines and other applicable regulatory and compliance requirements. Megan brings a highly accomplished background in governance, regulatory compliance and risk management. She has previously served as Chief Compliance Officer for [...]