President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills.
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Court Sides with Landowner Over Abandoned Railroad Right-of-Way
Congress Votes to Block Flood Insurance Premium Hikes
This past Tuesday, the House voted overwhelmingly to pass a bill that would largley repeal Biggert-Waters, a bill which saught to balance FEMA’s enormos debt by expanding flood insurance risk pools and increasing premiums. The new bill, called the Homeowner Flood Insurance Affordability Act, limits premium increases from the National Flood Insurance Program (NFIP) to 18% a year.
The new bill makes several key changes that homeowners should immediately feel, in addition to the limit on premium increases.
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House Republicans Release Flood Insurance Relief Bill
No Surprise!! Fighting FEMA’s Flood Maps is Not Cheap.
For Average Joes,
Fighting FEMA Flood Maps Isn’t Easy or Cheap
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FEMA’s Revisions of Flood Maps Being Questioned
A 2-Part series by Bill Dedman of NBC News.
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Private Flood Insurance Agency Now Selling in 15 States
Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings.
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Key House Republicans Oppose Delaying Flood Insurance Increases
The effort to delay huge increases in insurance premiums for homeowners in flood-prone areas faces a skeptical House chairman who is largely standing behind the changes Congress oversaw in the nation’s flood insurance program less than two years ago.
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Senate Passes Bill to Delay Flood Insurance Hikes
In a vote on January 30th, 2014, the senate passed a bill that will delay flood insurance hikes for at least four years.
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Private Flood Insurer Means a Choice for Connecticut
Finally an alternative in flood insurance for Connecticut
A private flood insurer has stepped into Connecticut’s market, the first time homeowners along the shoreline battered by Superstorm Sandy have an alternative to increasingly costly federal insurance.
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