Tag: Risk Rating 2.0

FEMA Defers Implementation of New Flood Insurance Risk Rating System

Filed in Codes and Regulations, Environmental by on November 7, 2019 2 Comments
FEMA Defers Implementation of New Flood Insurance Risk Rating System

The Federal Emergency Management Agency (FEMA) announced today it was deferring implementation of its new flood insurance risk rating program by one year until Oct. 1, 2021.

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New FEMA Risk Rating 2.0 to Determine Flood Insurance Rates

Filed in Codes and Regulations, Environmental by on July 18, 2019 0 Comments
New FEMA Risk Rating 2.0 to Determine Flood Insurance Rates

The Federal Emergency Management Agency (FEMA), which oversees and implements the National Flood Insurance Program (NFIP), has initiated a long-term effort to transform the program to make it more consumer friendly and better reflect the actual risks properties face.

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