Wednesday 30 March 2011 3:50 am More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPuffer fish snaps a selfie with lucky divernypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com alison.lock Show Comments ▼ whatsapp whatsapp Moss Bros narrows loss Suit retailer Moss Bros has posted a second full-year loss but reduced it to £2.7m from £3.9m in 2009 as sales rose almost ten per cent in 2010.The suit sale and hire specialist saw underlying group revenues rise six per cent in the year, to £136.4m while like for like sales rose 9.1 per cent. Performance in suit hire was particularly strong, with revenues up 10.9 per cent, as people opted not to buy expensive suits.But the pre-tax loss widened to £7.5m as a £4.8m exceptional charge was added to the bill and was higher than 2009’s pre-tax loss of £6.6m.The loss follows a turnaround under new chief executive Brian Brick to boost turnover, which includes the sale of its 15 Hugo Boss stores this month to free up more investment in boosting sales.Moss Bros is selling the stores for £16.5m.Altium Securities analysts said the result was slightly ahead of expectations and its year-end cash position of £6.9m was £2.1m better than expected. Share Tags: NULL
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Sports betting Topics: Sports betting Tech & innovation Borgata goes mobile with sports betting in New Jersey MGM Resorts International has followed DraftKings in a launching mobile sports betting service in New Jersey.The ‘playMGM NJ Sports’ app went live yesterday (Wednesday) and will form part of the playMGM online betting service run by the MGM-owned Borgata Hotel Casino & Spa in Atlantic City.The app will enable users to place legal sports wagers from any location inside New Jersey’s boundaries.Although the service is currently only available on Android devices, Legal Sports Report reported that an iOS launch will not be far behind.The app will differ to MGM’s sports betting mobile service in Nevada, with odds to be set differently across both platforms.MGM said: “The playMGM NJ Sports app features a full range of US and selected international sports with customers able to sign-up, deposit and withdraw cash directly from their mobile devices from any location in New Jersey.“The sports-betting app features a single wallet that enables existing and new customers to view their total account balance and easily apply available funds to their choice of sports-betting, casino or poker products.”DraftKings had been the only operator with a mobile sports betting service in the state, launching its offering earlier this month in partnership with Resorts Casino Hotel in Atlantic City.However, despite being first to market with mobile, DraftKings was unable to see off competition from FanDuel in the first month of regulated sports betting in the state.In July, FanDuel claimed top spot after taking $1.36m (£1.1m/€1.2m) in revenue via its brick-and-mortar sportsbook at Meadowlands Racetrack.MGM last month announced its intention to “dominate” US sports betting after it unveiled a $200m joint venture with Ladbrokes owner GVC. MGM is also working with Boyd Gaming.Image: Pilotbob Tags: Mobile 23rd August 2018 | By contenteditor Email Address Subscribe to the iGaming newsletter Regions: US New Jersey DraftKings had been the only operator offering a mobile service
Aiico Insurance Plc (AIICO.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2015 interim results for the third quarter.For more information about Aiico Insurance Plc (AIICO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Aiico Insurance Plc (AIICO.ng) company page on AfricanFinancials.Document: Aiico Insurance Plc (AIICO.ng) 2015 interim results for the third quarter.Company ProfileAiico Insurance Plc is a leading insurance company in Nigeria offering life assurance and annuity, general insurance and special risk, pension management, health insurance and asset management. The company is the second-largest insurance company in Nigeria by gross premiums and has a diversified client base which includes corporations, financial institutions, governments and individuals. Life insurance products include an annuity plan, corporate savings plan, education, flexible endowment plan, group life insurance plan, income investment plan, life celebration plan, mortgage protection plan, term assurance and three payment plant. Aiico Insurance Plc has a controlling stake in Multishield Plc and a minority stake in Healthcare International Plc and Aiico Capital Plc. The company’s head office is in Lagos, Nigeria. Aiico Insurance Plc is listed on the Nigerian Stock Exchange
Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. As an income-focused investor, I’m always looking for high-yield dividend stocks with sustainable payouts. One thing I do regularly is to browse the FTSE 250 for dividend opportunities.Today, I’m looking at two FTSE 250 stocks with dividend yields of at least 6%. I reckon both could be good buys for my Stocks and Shares ISA.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Go direct for an 8% yieldDirect Line Insurance Group (LSE: DLG) is known for its direct business model. Ever since its launch in 1985, the company has focused on selling directly to customers under its main signature brand.These days, Direct Line Group also owns the Churchill and Privilege brands. These are sold through price comparison, giving the company a foot in both camps.Direct Line’s size and experience means it enjoys some economies of scale. It also has plenty of data about UK driving habits. Under CEO Penny James, the company has been investing in new software to allow it to price insurance more accurately — and more profitably.The pandemic caused some disruption at this FTSE 250 firm. But management admits the company also benefited from fewer motor claims during lockdown. Less driving meant fewer crashes and fewer costly claims.Direct Line’s pre-tax profit fell by 11% to £451m last year, but this didn’t prevent the company increasing its dividend for the year by 2%, to 22.1p per share. This gives the stock a dividend yield of 7.1%, at current levels.My main concern with this business is it’s struggled to grow in recent years. The motor insurance market is competitive, making it hard to hike prices. I believe Direct Line’s brands should provide a long-term advantage, but I could be wrong.Broker forecasts suggest Direct Line will pay a dividend of 25p per share in 2021, giving a yield of 8%. I already own the stock, but if I didn’t, I’d probably be buying it at current levels.A surprise FTSE 250 winnerWhen the pandemic struck last year, shares in iron ore group Ferrexpo (LSE: FXPO) crashed to a low of under 100p. Over the 12 months since then, the stock has risen by 260%.After such a rapid gain I’d often lose interest. But Ferrexpo still looks quite reasonably priced to me, trading on less than six times forecast earnings. I believe the shares could still deliver attractive returns for my portfolio.Ferrexpo’s latest results show sales rose 13% to $1.7bn last year, thanks to strong prices and higher production levels. Pre-tax profit rose 50% to $754m. This is a good example of how miners can benefit from rising commodity prices.However, the opposite can also happen. Iron ore prices are high at the moment. Ferrexpo’s management expect strong demand for its particular blend of iron ore to continue in 2021, but there’s no guarantee of this. A slump in iron ore prices could see earnings fall sharply this year.For me, this is a risk worth taking. Ferrexpo’s production costs are quite low, and the company’s operating profit margin has averaged 29% since 2014. I expect it to remain profitable in almost any market environment and trust management to maintain its record of returning cash to shareholders.City forecasts suggest Ferrexpo will pay dividends of around 35 cents per share in 2021, giving a forecast yield of 7%. I’m tempted to add this FTSE 250 stock to my portfolio. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Roland Head owns shares of Direct Line Insurance. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 2 FTSE 250 shares with 6%+ yields I’d buy for my ISA now Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Roland Head | Sunday, 21st March, 2021 | More on: DLG FXPO Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Roland Head
Houses Year: “COPY” Bingo House / NBDCSave this projectSaveBingo House / NBDC Bingo House / NBDC ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/775943/bingo-house-nbdc Clipboard 2015 South Korea “COPY” CopyHouses, Renovation•Seoul, South Korea ArchDaily Photographs: NBDCText description provided by the architects. The house desired by the client is a place that gives a meaning to people who live inside or those who look from outside. It is a meaning as a rest like an impression made by an old pavilion, and as the one that makes people forget worries like a song of Kim, Gwang Seok and a beautiful piece of poem written by Cheon, Yang Hee.Save this picture!Courtesy of NBDCRecommended ProductsComfortGIRAGira KNX system – Home automationWoodAccoyaAccoya® Cladding, Siding & FacadesWoodTechnowoodPergola SystemsWoodGustafsWood Veneered Wall & Ceiling PanelsBingo House located in the foothills of Gyeongridan gil is a townhouse built for 10 families in 1977. The old house connected in the form of sharing the walls between households was made up of the basement floor accessible only from the outside and the first and the second floor packed with rooms.Save this picture!Courtesy of NBDCThough it still remains as a narrow space that fully reflects the exhausted life during the time due to rapid urbanization, it is led to today’s exotic and dynamic main street outside.Save this picture!Courtesy of NBDCThe client with the adventurous and experimental spirit didn’t care about the composition of existing housing from various cultures and experiences he acquired from years of life in foreign countries and wanted to have a space extremely adjusted to my life. The design also considered the changes in the life of the family members in the future in addition to the designer’s ideas based on the client’s philosophy of a residential space.Save this picture!Courtesy of NBDCThe family of Bingo House consists of a husband who works for a company, a non-working wife, a son, a college student, and a daughter, a high school girl. Remodeling was determined with the charms of Itaewon like its unique openness, a symbol of multiculture, a geographical advantage as the center of Seoul, and convenient transportation.Save this picture!Courtesy of NBDCBecause the client couple is planning to get away from the city and live in the countryside in their old age after retirement, the drawing took the further changing life of the two young children into account and divided the traffic line/layout and designed a house of a new structure on the limited 45m2 area under the theme of a simple and pleasant life.Save this picture!Courtesy of NBDCGround floor + Basement floor.The front yard in the outside and the basement floor were brought into the interior spaces, and focused on the role and communication between family members having open as the conversation topic.Save this picture!Courtesy of NBDCStarting from the entrance, practical spatial composition was put first like cabinet, 3-sided full length mirror, 5. (See numbering in the floor plan) utility room/bathroom, laundry and dry, separation of recyclables, storage, and other installation devices.Save this picture!Ground Floor PlanIt is connected to the study of the husband – the desk is an extended design of the stairs – when going down the stairs in the center, which concentrated on the convenience with the minimum traffic line.Save this picture!Courtesy of NBDCIt increased intimacy between family members through the integrated space between dining room, kitchen, and living room.Save this picture!First Floor PlanFirst floor.The space filled with bedrooms focused on close, that is respecting other people’s privacy and finding merits of a small space. Children’s room and balcony/ One space is divided into two rooms by a cabinet, and the marginal space of the balcony made the space enjoyable. The couple’s bedroom and the bathroom were also divided into the minimum area and connected organically.Save this picture!Courtesy of NBDCProject gallerySee allShow lessPrototyping the FutureMiscUBC Bookstore / Office Of Mcfarlane Biggar Architects + Designers Inc.Selected Projects Share Save this picture!Courtesy of NBDC+ 19 Share CopyAbout this officeNBDCOfficeFollowProductsWoodSteelBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationSeoulSouth KoreaPublished on October 26, 2015Cite: “Bingo House / NBDC” 26 Oct 2015. ArchDaily. Accessed 11 Jun 2021.
Japan Garden House Shirowa / Szki ArchitectsSave this projectSaveGarden House Shirowa / Szki Architects Photographs Manufacturers: Lixil Corporation, Comfort FormSave this picture!© Katsuya SuzukiRecommended ProductsWood Boards / HPL PanelsLamitechLamitech high pressure plastic laminatePlasticsEGGERABS End-Grain EdgingPlasticsKalwall®Kalwall in Psychotherapy and Counseling CenterMetallicsSculptformClick-on Battens in Ivanhoe ApartmentsText description provided by the architects. Szki architects designed GardenHouse Shirowa in Japan. It’s built an annex right next to the main building where their parents live in side of the same housing lot. Because limited amount of housing lots are available in the area and price of each lot is expensive upon the people’s needs after Japan’s earthquake in 2011.Save this picture!Site PlanIn order to utilize of the yard on the south side compactly while letting the sunshine to the main building, the annex was built on the south edge of the site and buried under the ground and minimize the floor height. On this house extending project, the annex was designed to connect to the two rooms in the western side of the main building which were not in use for a long time also the family can be access two from the balcony. Also the rooftop was designed to create a new garden.Save this picture!© Katsuya SuzukiProduct Description. Double-sided heat insulation is applied on the exterior walls but exposed concrete is applied on the interior walls. Tie holes is used as hangings and adding colors to the family’s daily life.Save this picture!SectionProject gallerySee allShow lessOVD525 / Three14ArchitectsSelected ProjectsThis Kickstarter Camera Mimics Human EyesightArchitecture News Share Area: 83 m² Year Completion year of this architecture project Save this picture!© Katsuya Suzuki+ 15 Share Projects Photographs: Katsuya Suzuki Manufacturers Brands with products used in this architecture project “COPY” “COPY” Garden House Shirowa / Szki Architects Houses CopyHouses•Omaezaki, Japan 2013 Architects: Szki Architects Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/803698/garden-house-shirowa-szki-architects Clipboard Year: CopyAbout this officeSzki ArchitectsOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOmaezakiJapanPublished on February 05, 2017Cite: “Garden House Shirowa / Szki Architects” 04 Feb 2017. ArchDaily. Accessed 11 Jun 2021.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 24 April 2012 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. The European Citizen Advice Service (ECAS) has published the 18th annual edition of its Guide to European Funding for the Non-Profit Sector.The 225-page guide provides information on internal and external EU Budget lines together with contact details, together with information and contact details on the Pre-Accession Instrument and the European Neighbourhood and Partnership Instrument as well as the Structural Funds.It also features advice on co-funding, including a list of European Foundations, an overview on how the EU Budget is created and operates, and tips on how to secure EU funding.The guide costs €39, although for €50 you can buy the guide and become a Friend of ECAS, which means you will receive monthly review of EU developments relevant to the non-profit sector, and a monthly or bi-monthly summary of all open calls for tenders or calls for proposals.www.ecas-citizens.eu/content/view/448/401/ 2012-13 Guide to European Funding for the Non-profit Sector published 18 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Funding
Advertisement NewsBusinessSmart working for small businessesBy Bernie English – March 12, 2019 764 Email Previous articleA log from Johnny’s voyageNext articleSponsored: Win your wedding dress at the Radisson Hotel Limerick this weekend Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR Ann & Steve Talk Stuff | Episode 29 | Levelling Up WhatsApp Print Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites THE SMALL Firms Association, along with Vodafone Ireland is bringing their free ‘Smart Business’ regional workshop in Limerick next month to help businesses grow, scale and succeed in a changing business environment.The workshops will enable business leaders to have a conversation with HR, business growth experts and peers about the challenges faced by SMEs and to help them stay competitive through smart working practices.Sign up for the weekly Limerick Post newsletter Sign Up The breakfast event will take place at the Bank of Ireland Workbench on O’Connell Street on April 3 from 7.30 to 9am.Treasa Doran, Head of Small Business at Vodafone Ireland, said that last October, Limerick had the highest number of jobs announcements ever, highlighting the importance of attraction and retention in enabling Limerick businesses to scale their operations.“However, we are aware that not all SMEs have access to the knowledge and solutions required to take advantage of initiatives such as smart working. I would encourage all business owners or managers in the area to sign up to the workshop and take advantage of this knowledge sharing exercise.”The ‘Smart Business’ series coincides with the recent launch of Vodafone’s industry report which considers the challenges and opportunities of smart working for SMEs in Ireland.SFA Director Sven Spollen-Behrens said that 57 per cent of Limerick’s private sector employees work in small firms and those businesses would have the opportunity to see remote working in action at the Limerick Workbench.The ‘Smart Business’ workshop will also highlight the benefits of smart working and address the fears and concerns that small businesses may have”.Those interested in the event, who also have the opportunity to win a new smartphone, can register for the free event at http://ie-mktg.vodafone.com/open-conversationsAdditional content on smart working is available atVodafone.ie/business Limerick on Covid watch list Linkedin Exercise With Oxygen Training at Ultimate Health Clinic TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! TAGSbusinessEventLimerick City and CountyNews Limerick businesses urged to accept Irish Business Design Challenge
Facebook Toluna Achieves Record Growth of Toluna Start Platform Previous articleMichael Ory Joins Brentwood Capital Advisors as Managing DirectorNext articleElevate Your Big Game Menu with an Authentic Stadium Food Experience Digital AIM Web Support TAGS WhatsApp Pinterest Twitter By Digital AIM Web Support – March 4, 2021 Twitter Local News Pinterest Facebook WILTON, Conn.–(BUSINESS WIRE)–Feb 3, 2021– Toluna, the leading consumer intelligence platform and parent company of Harris Interactive and KuRunData, today announced significant growth of the Toluna Start technology platform. The revolutionary platform, which represents the market research industry’s first real-time, end-to-end solution, has achieved significant adoption and usage since its launch in 2020, driving continued global momentum and new strategic partnerships for Toluna and its market-leading products and solutions. Toluna Start, which integrates Toluna’s panel of 30+ million global members, empowers clients to conduct quantitative, qualitative, and data visualization needs to truly understand consumers and what they think, feel and do. Since last year, Toluna reports growth in active users across the global market, with demand from current and new clients up significantly, and in North America alone, this growth exceeded 77%. Part of this growth stems from the release of automated solutions for concept and pack testing, communications, and brand which deliver agile insights in real-time with speed and ease. Created using best-in-class research expertise, and offering advanced features, these solutions provide high-quality insights that instill confidence, and enable full customization, flexibility, and internal collaboration. Toluna continues to invest in the further innovation, and market disruption the company’s seen with the Toluna Start platform. Focusing now on leveraging machine learning (ML) and artificial intelligence (AI) to power predictive modeling to supplement the already powerful insights collected within the platfrom, Toluna Start provides clients with a deeper understanding of consumers and unrivaled insight into what they think, how they feel, and what they do. “In today’s uncertain and evolving market landscape, organizations recognize how valuable it is to be able to instantly engage with clients and understand changing consumer sentiment to inform their business strategies at the speed of the digital economy” said Frédéric-Charles Petit, founder, and chief executive, Toluna. “Toluna’s unceasing commitment to innovation has never been stronger, and these milestones demonstrate and reinforce our mission to propel the market research industry into a technology-led future. We are excited to begin this year with extraordinary client confidence, best-of-breed technology partners, and an expanded global footprint as we deliver cutting-edge solutions to our clientele.” “The market response to Toluna Start is a testament to the value of the dynamic, high-quality research we deliver our clients. We launched Toluna Start to empower our clients to make informed decisions in real-time so businesses can stay ahead of the competition and constantly changing consumer environment, and we continue to enhance our automation capabilities,” said Phil Ahad, chief digital officer, Toluna. “By offering qualitative and quantitative research, open-end text coding, standardized methodology and more in a flexible, collaborative platform, we push the market research industry into its next stage of innovation. We are proud that our clients, investors, and industry peers embrace our revolutionary platform which turns complex insights into intelligible, actionable deliverables.” The continued momentum follows a significant funding investment led by Verlinvest in Q4 of 2020 to accelerate global growth initiatives. For more information about Toluna Start, please visit: https://tolunacorporate.com/ About Toluna Toluna delivers real-time consumer insights at the speed of the on-demand economy. With a commitment to leading by technology innovation, Toluna revolutionizes market research and empowers clients with the agility to instantly conduct quantitative and qualitative research. By combining global scale and local expertise with innovative digital solutions and award-winning research design, Toluna helps clients explore tomorrow, now. Toluna is the parent company of Harris Interactive Europe and KuRunData. Together, we strive to push market research toward a better tomorrow. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005310/en/ CONTACT: Media Contact Articulate Communications for Toluna Emily Allen [email protected] KEYWORD: CONNECTICUT IRELAND AUSTRALIA/OCEANIA UNITED STATES UNITED KINGDOM NORTH AMERICA AUSTRALIA EUROPE INDUSTRY KEYWORD: SOFTWARE MARKETING ADVERTISING DATA MANAGEMENT COMMUNICATIONS TECHNOLOGY CONSUMER OTHER CONSUMER SOURCE: Toluna Copyright Business Wire 2021. PUB: 02/03/2021 04:00 AM/DISC: 02/03/2021 04:01 AM http://www.businesswire.com/news/home/20210203005310/en WhatsApp
Home / Daily Dose / Reforming the National Flood Insurance Program Print This Post Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. July 23, 2019 1,433 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Why Did Mortgage Delinquencies Rise? Next: Home Price Growth Analyzed Share 1Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily FEMA flooding nfip 2019-07-23 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Seth Welborn Reforming the National Flood Insurance Program in Daily Dose, Featured, Government, Loss Mitigation, News Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Tagged with: FEMA flooding nfip Subscribe Senator Cindy Hyde-Smith is proposing an update to the National Flood Insurance Program (NFIP). Hyde-Smith’s proposal aims to address the multiple extensions the NFIP has undergone with a long-term extension plan. Hyde-Smith is a lead cosponsor of the National Flood Insurance Program Reauthorization and Reform Act or NFIP-RE Act“We’re trying to flip the script on mitigation projects, from being reactionary to being proactive. This is the first bill that provides a significant amount of real money for pre-disaster mitigation, which would give taxpayers a better return on investment. It is far more expensive to rebuild after a disaster than it is to do everything you can to protect yourself beforehand,” Hyde-Smith said in a statement.In her letter to Senate Banking Committee Chairman Michael Crapo and Ranking Member Sherrod Brown, Hyde-Smith puts forth several options to address affordability issues among low and middle-income policy holders and debt issues within the NFIP. Through the NFIP-RE Act, Hyde-Smith suggests a new community mapping appeals process regarding flood maps created by the Federal Emergency Management Agency (FEMA) for states, local governments, or property owners, as well as a direction to FEMA to factor nonfederal flood control structures, like levees, when determining flood risk zone designations.Additionally, the bill would increase NFIP participation among homeowners and small businesses by capping the premium rate increases to 9%. Under the current system, rates can rise up to 25% annually in perpetuity. “Runaway premium hikes under the current system undermine and weaken the flood insurance program, which increases the burden on taxpayers to pay for federal disaster assistance to cover uninsured losses,” Hyde-Smith said. “There’s no point in having flood insurance if nobody can afford it. This bill would help meet the equally important goals of solvency and affordability.”The bill also includes reforms to tackle agency mismanagement, unsustainable debt service costs and contractor profiteering.Hyde-Smith’s letter to the Senate Banking Committee can be found here. The Week Ahead: Nearing the Forbearance Exit 2 days ago