URGENT ALERT: FLOOD PROGRAM SET TO EXPIRE (AGAIN

If Congress does not take immediate action the Flood Insurance Program will expire again at 12:01 am on June 1st. This could be a major problem for those trying to close on their new home and for those wanting to get a jump on the hurricane season with the risk of flood damage associated with those heavy storms. Click here for more details from the Insurance Journal.

Now is the time to schedule a review of your Homeowner’s Insurance.  It is also a good time to add Flood Insurance if your home is in a location prone to floods or high water.  And don’t forget about your beach or lake property!  Hurricane Season will soon be upon us and the experts are predicting a strong season this year with as many as 16 to 18 tropical storms. According to an article published in the Insurance Journal, Hurricane Forecaster Joe Bastardi, with the AccuWeather.com Hurricane Center states that 15 of those storms will be in the western Atlantic and Gulf of Mexico regions. Bastardi is also predicting that five of those storms will be hurricanes with two or three being major landfall events for the United States. Protect yourself and your property–schedule a “Care Review” today. Click on the Flood Insurance and and Hurricane tags below for more information.

Hurricane Bill, the 2009 season's first hurricane is moving westward. For now the National Hurricane Center predicts that Bill will not strike land along the southeast coast, but hurricane's have a mind of their own. Anyone who experienced Hurricane Hugo knows that major damage can be brought to areas that were not in the forecasted track of the storm. Knowing also that the fury of a hurricane is not necessarily confined to the coastal areas, a good disaster plan should be established by every household.
The National Hurricane Center recommends that you prepare by:
* Developing a Family Plan.
* Creating a Disaster Supply Kit.
* Securing your home.
* Having a Pet Plan.
To learn more about how to prepare for a hurricane or other natural disasters, please take a few moments and go to the National Hurricane Center’s website.

The Insurance Journal reports today that the NC Senate passed the Beach Plan Reform Bill (HB 1305). The opposition to this bill apparently faded away in the face of overwhelming support in the Senate. Please clink the link for the latest details. http://www.insurancejournal.com/news/southeast/2009/08/06/102799.htm

The Insurance Journal is reporting that the NC Senate Commerce Committee passed the legislation (HB 1305) to rescue the state’s underfunded coastal insurer know as the Beach Plan. The legislation now goes to the full Senate for consideration. The problem is that the Senate is due to adjourn Friday, August 7, 2010. Here is the link for the full story. http://www.insurancejournal.com/news/southeast/2009/08/05/102779.htm