Deadline Extended for Isaac Flood Insurance Claims

January 25, 2013Email ThisPrintNewslettersTweetArticleComments

Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have another 30 days to file claims for their flood losses.

Policy owners now have until Feb. 21 to complete their proof of loss.

The National Flood Insurance Program usually requires claims to be reported within 60 days of the date of loss but extensions have been granted because access to homes was limited by damage and high water.

Failure to submit the proof of loss could cause policyholders to miss out on benefits from their flood insurance policy.

Since Isaac made landfall, the insurance program has paid out more than $416 million on 13,159 claims in Louisiana.

 

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Travelers’ event cancellation cover extended

Travelers has announced that it is rolling out its Lloyd's event cancellation cover to regional brokers through its company operation so that more clients around the UK can access this bespoke cover.

The product is designed for businesses staging events such as annual general meetings, conferences, trade shows and corporate entertainment.

The cover was developed after the syndicate saw increasing demand for their product from around the country. 

Growing demand

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