May 12 / News

Torrent on Capitol Hill

Capital Hill

Earlier this year, Mel Hodges, our Vice President of Compliance, visited Washington, DC to meet with lawmakers and key staff to discuss Torrent’s support for a long term reauthorization of the National Flood Insurance Program (NFIP). In these meetings, Mel used the opportunity to highlight Torrent’s work on behalf of the flood program, and also...

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April 20 / News

Grace Period Extensions for Flood Insurance Renewal Payments

Deck in the Morning

The Federal Emergency Management Agency (FEMA) extended the grace period to renew a flood insurance policy from 30 days to 120 days. This extension applies to flood insurance policies with expiration dates between February 13, 2020 to June 15, 2020. Grace Period Extensions Bulletin Policyholders will now have more time to make their payment. FEMA’s... Read the entire article.

April 20 / News

A Message About Pandemic Risk

The COVID-19 pandemic has affected many of us. First and foremost, it’s a human tragedy, affecting the lives of nearly every person throughout the world. We are also deeply concerned about its impact on our economy. For businesses and organizations, their employees, and the US economy, the stakes are high. Leading the Way Forward Our... Read the entire article.

April 20 / News

Coronavirus Aid, Relief, and Economic Security (CARES) Act Overview

The $2.2 trillion bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act, the third congressional bill proposed to address the crisis, went through many twists and turns in the House and Senate before signed into law on March 27. While Congress could be out of session until at least April 20, discussions among lawmakers on... Read the entire article.

March 13 / News

Why does spring often bring increased flood risks to the Midwest and river valley areas?

Image of Ice Dam

The combination of frozen land that hasn’t yet thawed, saturation levels, melting snow, and spring storms all contribute to spring flooding conditions. Winter temperatures freeze the ground and don’t allow snow or rain to penetrate into the earth. Sometimes this even leads to flash flooding, which occurs when water cannot be absorbed and flows where... Read the entire article.

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