The National Flood Insurance Program (NFIP) is managed by the FEMA and is delivered to the public by a network of more than 50 insurance companies and the NFIP Direct. Floods can happen anywhere — just one inch of floodwater can cause up to $25,000 in damage. Most homeowners insurance does not cover flood damage. Flood insurance is a separate policy that can cover buildings, the contents in a building, or both, so it is important to protect your most important financial assets — your home, your business, your possessions. The NFIP provides flood insurance to property owners, renters and businesses, and having this coverage helps them recover faster when floodwaters recede. The NFIP works with communities required to adopt and enforce floodplain management regulations that help mitigate flooding effects. Flood insurance is available to anyone living in one of the 23,000 participating NFIP communities. Homes and businesses in high-risk flood areas with mortgages from government-backed lenders are required to have flood insurance.  For more information about what’s covered and to find a policy visit FloodSmart.gov. To purchase flood insurance, call your insurance company or insurance agent, the same person who sells your home or auto insurance. If you need help finding a provider go to FloodSmart.gov/flood-insurance-provider or call the NFIP at 877-336-2627. Plan ahead as there is typically a 30-day waiting period for an NFIP policy to go into effect, unless the coverage is mandated it is purchased as required by a federally backed lender or is related to a community flood map change. FloodSmart.gov Become a Seller and ServicerFEMA administers the NFIP and it is a partnership between the federal government, the property and casualty insurance industry, states, local officials, lending institution, and property owners. Each year, more than 50 private insurance companies participate in the Write-Your-Own (WYO) program selling and servicing NFIP policies through their insurance agents. FEMA retains responsibility for underwriting flood insurance coverage sold under that program and by the NFIP Direct. There are more than five million policyholders nationwide and the NFIP is the nation’s largest single-line insurance program providing nearly $1.3 trillion in coverage against flood. NFIP Direct NFIP offers a wide range of publications, videos, graphics and online tools that help policyholders, agents and other servicers navigate the flood insurance process before, during and after disaster. Digital resources can be downloaded, and certain print publications can be ordered for free. Find an Insurance Form Insurance Outreach Publications We provide reports on the National Flood Insurance Program's (NFIP) financials and offer guidance on conducting daily operations for existing and new NFIP sellers and servicers. Find information on the Write-Your-Own program, reinsurance, Risk Rating 2.0, plus the Flood Insurance Manual and other tools. View All Programs and Tools
Congress established the NFIP on August 1, 1968, with the passage of the National Flood Insurance Act (NFIA) of 1968, which has been modified over the years. Learn about legislative changes to and the future of the National Flood Insurance Program. See Rules & Legislation
Find resources members of the media can use ahead of flood events. Access the history of the NFIP, facts about the program, information on flooding and flood risk, guidelines for using the logo, and more. Media Toolkit 43°4′29.388″N 89°22′49.26″W / 43.07483000°N 89.3803500°W / 43.07483000; -89.3803500Coordinates: 43°4′29.388″N 89°22′49.26″W / 43.07483000°N 89.3803500°W / 43.07483000; -89.3803500Employees134.83 (2021)[1]Annual budget$361,907,100 (2021)[1]Agency executives
The Office of the Commissioner of Insurance of Wisconsin is an independent agency of the Wisconsin state government responsible for supervising and regulating the insurance industry in Wisconsin. The office licenses insurers operating in the state, examines their financial and business practices, investigates consumer complaints, ensures compliance with state laws and regulations, and provides information on the insurance industry to the public. The Office is headquartered in the State Education Building, or GEF-3, in downtown Madison, Wisconsin.[1][2] HistoryThe insurance business was first authorized and regulated in Wisconsin in 1870 (1870 Wisc. Act 56). The original law vested insurance regulation as a power of the Secretary of State of Wisconsin. These powers were transferred to a separate commissioner of insurance by an act of the Wisconsin Legislature in 1878 (1878 Wisc. Act 214). The office was initially designed as a gubernatorial appointee, and the first insurance commissioner, Philip L. Spooner, Jr., was appointed by Governor William E. Smith. In 1881, however, a new act of the Legislature (1881 Wisc. Act 300) converted the appointed office into a state-wide elected office. This continued until 1911, when the office was converted back into a gubernatorial appointee.[3] OrganizationThe senior leadership of the Office consists of the Commissioner and Deputy Commissioner, along with the administrators and directors of the internal divisions of the Office.[4]
Subordinate boardsSeparate from the ordinary organizational structure of the Office, there are a number of commissions and boards created by acts of the Wisconsin Legislature to oversee, advise, or administer certain funds.
Commissioners
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What is the official name of the department agency or office in charge of insurance regulation for Wisconsin?
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