Flood Insurance

Wright Flood’s Buy of Poulton Associates to Create Largest Flood Insurance Provider

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Poulton, one of the top providers of private flood insurance in the nation, will make Brown & Brown Inc. subsidiary Wright Flood the largest provider of flood insurance in the United States, the company said. Wright Flood offers federal, excess, and private flood insurance. The transaction is expected to close in November. Terms were not … Read more

Disaster Relief Fund Hits Critical Low as Shutdown Endures

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As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disaster Relief Fund, which finances federal assistance to disaster survivors and the deployment of federal staff … Read more