Plus, clearing an obstacle to private flood insurance coverage
The federal flood insurance program faces yet another shutdown at month’s end, a new bill in Congress would end the penalty for switching to private flood insurance, and Hurricane Melissa data …
Further federal flood insurance policy delays expected
While the longest government shutdown in US history has finally ended, there are still issues reverberating throughout many industries. Particularly in low-lying Florida, federal flood insurance coverage lapses from the shutdown left many …
A silver lining for Florida
The federal shutdown has sweeping effects on FEMA, the federal flood insurance program lapse is impacting home sales, while Florida’s Congressmen continue the push for long-term reforms to that program with two new bills requiring …
Familiar themes, elusive solutions
Last Thursday, the US Senate Banking, Housing and Urban Affairs Committee held a hearing entitled, “Reauthorization of the National Flood Insurance Program (NFIP): Local Perspectives on Challenges and Solutions.” This is the latest look at the …
Florida’s resiliency efforts, NFIP reauthorization
Sea level rise could eventually impact one-million Florida buildings by the turn of the next century, how Florida is tackling flood resilience with new legislation, plus a new reauthorization bill for the National Flood Insurance …
FEMA releases data on Risk Rating 2.0
Local officials decide against direct payments to households impacted by the historic April Broward County flooding, the National Flood Insurance Program is again pitching a plan for multi-year reauthorization, and while Congress wants …
Just one of FEMA’s bold proposals
FEMA is proposing what many are describing as the most dramatic changes in the 54-year history of its National Flood Insurance Program (NFIP). It recently submitted a long-term reauthorization proposal to Congress that tries …
Federal flood insurance debates
Congressional hearings got underway recently on long-term reauthorization of the National Flood Insurance Program (NFIP) and on what, if any, guidance Congress should give to FEMA on the NFIP’s new Risk Rating 2.0 pricing program set …
NFIP reauthorization, private flood
Congress is gearing up for its annual effort to reauthorize the National Flood Insurance Program (NFIP) and early proposals call for limiting rate increases on federal flood insurance. Meanwhile, a new report suggests it will take …
Private market & NFIP progress being made while Congress idle
So, what are we to do about the National Flood Insurance Program (NFIP), which still provides about 95% of the flood policies in the U.S.? The federal program is coming …