State nonprofits, state agencies and others join together to bring the awareness of flooding to Massachusetts stakeholders The Governor, along with members of the Massachusetts Legislature, are proclaiming September Flood Awareness Month in Massachusetts.  This is being done to align with National Preparedness Month, which is also September. Massachusetts has the highest number of repetitive loss properties in New England, and is repeatedly threatened with winter Nor’easters and Hurricanes.  Our communities regularly battle flooding both coastally and inland from the various sources of water our state has.  Residents, business owners, and property owners across the Commonwealth continue to face the loss of lives, business and property in instances of inland and coastal flooding, and seek assistance in preparing for and minimizing catastrophic loss. The month will kick off with a press conference and announcement of events with elected and state officials and others at the Fort Point Channel, in Boston, adjacent to the Binford Street Park, which is the site of flooding in past years.  The press conference will begin at 1pm on Wednesday, September 16th.  The press is invited to attend. After the kick off, thanks to collaborations with the Office of Representative Patrick Kearney (Scituate, D), State nonprofits, […]

One of the best ways to envision the importance of something is to think of our lives without it. Imagine life, for example, without our electronics that help us easily communicate. Similarly, to understand the importance of flood insurance, imagine our nation without it. We would have no strong financial recovery tool, no means or organized plan on how to rebuild after a flood, and many communities over time would be left in ruin. In turn, for flood insurance to become a tool for our communities’ financial recovery, individuals need to purchase it. For decades, one of the only options to buy flood insurance was through the National Flood Insurance Program (NFIP). But with the help of legislative and regulatory change, there are emerging options through private flood insurance that give us new opportunities to close the coverage gap by offering flood insurance to more homes and businesses. With the growing private flood market comes a new gap for us to close: the lack of communication between the rules and regulations of the NFIP and the private flood market. The NFIP can offer beneficial rating to consumers, but when an insured leaves the NFIP there can be a loss of […]