Fast-growing St. Pete flood insurance firm surpasses $200M in premium
Flood insurance company Neptune Flood crossed $200 million of premium in force, while adding seven members to its newly formed advisory board, says Neptune CEO Trevor Burgess.
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Neptune’s growth in re/insurer relationships provides $100m+ additional premium capacity
Neptune Flood, a private flood insurance company, has announced successful growth in insurance carrier and reinsurer relationships, having reviewed and expanded programs with AXA XL, MS Transverse, and Lloyds.
Neptune Flood Ranks No. 732 on the 2023 Inc. 5000
Inc. revealed today that Neptune Flood, the largest private flood insurance provider in the country, ranks No. 732 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America.
Homeowners insurance doesn’t cover flooding — here are the best flood insurance companies that will
While the risk of flooding varies by location, the Federal Emergency Management Agency (FEMA) estimates a one-in-four chance of flooding for homes in high-risk areas over the course of a 30-year mortgage.
Bregal Sagemount and FTV Capital Announce Strategic Growth Investment in Neptune Flood Incorporated
Sagemount and FTV will acquire a substantial minority stake in the Company, with Neptune CEO and management maintaining majority ownership.
FT ranking: The Americas’ Fastest-Growing Companies 2023
The FT is pleased to announce this fourth annual ranking of the fastest growing companies in the Americas, covering a period when the region’s economies were powering out of the pandemic.
What you need to know about Citizens’ new flood insurance mandates in Florida
Citizens Property Insurance Corp. — the insurer of last resort and largest property insurance provider in Florida with nearly 1.2 million customers — now mandates policyholders must carry flood insurance.
New flood insurance mandates take effect
After experiencing unsustainable growth last year due to several insolvencies, Florida’s insurer of last resort now requires customers to buy flood insurance.
Flood insurance misconceptions debunked
The Neptune Consumer Survey of Flood Risk Awareness shows that consumers urgently need education about flood risk and flood insurance. Many homeowners who need flood insurance do not have that protection in place.
Heavy rains hammered California, causing billions of dollars in damage. But less than 2% of homeowners in the state have flood insurance.
Heavy rains hammered California over the Christmas and New Year, causing billions of dollars in damage. But the bad weather also revealed how vulnerable homeowners are becoming to the unpredictable effects of climate change.
In soaked California, few homeowners have flood insurance
In California, only about 230,000 homes and other buildings have flood insurance policies, which are separate from homeowners insurance. That means only about 2% of properties are covered against flooding.
98% of California homeowners don’t have flood insurance; drivers urged to ‘Turn around, don’t drown’: Updates
The wave of storms battering California are far from over, and it’s too early to calculate the cost of damage to homes and businesses overwhelmed by floodwaters.
