Coastal Flood Advisory Issued for Hawaii Amid Insurance Transition
Wright National Flood Insurance Company has announced an agreement to acquire the flood insurance policy book from First Insurance Company of Hawaii (FICOH). This transition will see Wright Flood managing and issuing flood coverage under the National Flood Insurance Program (NFIP) for FICOH policyholders and agents. The change is set to begin this fall, with Wright Flood leveraging its 40+ years of expertise in flood insurance to ensure a seamless transition. FICOH, headquartered in Honolulu, Hawaii, has been a cornerstone of the state's insurance industry since 1911. The partnership aims to maintain continuity for policyholders while enhancing service quality through Wright Flood's advanced technology and claims management capabilities. [Source time: not specified]