Tag: NFIP

Congress Averts Government Shutdown

Filed in Advocacy by on December 3, 2021 0 Comments
Congress Averts Government Shutdown

Stopgap funding will keep the federal government operating through Feb. 18, 2022.

Continue Reading »

House Votes to Avert Government Shutdown; Measure Expected to Fail in Senate

Filed in Advocacy by on September 22, 2021 0 Comments
House Votes to Avert Government Shutdown; Measure Expected to Fail in Senate

With an Oct. 1 government shutdown looming, the House last night approved a stopgap spending measure on a 220-211 party line vote that would fund every government agency at current levels through Dec. 3.

Continue Reading »

FEMA Moves Closer to Risk Rating 2.0 Transition

Filed in Codes and Standards, Resiliency by on September 3, 2021 0 Comments
FEMA Moves Closer to Risk Rating 2.0 Transition

The Federal Emergency Management Agency (FEMA) on Sept. 1 released several documents, including final guidance, for the upcoming transition to its new risk rating methodology. The guidance outlines how the agency will apply the new rating factors and credit options when determining insurance premiums for policies issued under the National Flood Insurance Program (NFIP).

Continue Reading »

FEMA’s Risk Rating 2.0 Framework Will Alter Flood Insurance Rates

Filed in Advocacy, Environment, Housing Affordability by on April 1, 2021 6 Comments
FEMA’s Risk Rating 2.0 Framework Will Alter Flood Insurance Rates

The Federal Emergency Management Agency (FEMA) today released new details outlining the implementation of Risk Rating 2.0, an initiative to transform the National Flood Insurance Program program to make it more consumer friendly and better reflect the actual risks properties face.

Continue Reading »

FEMA Releases Flood Insurance Advocate Annual Report

Filed in Codes and Standards, Environment by on April 29, 2020 0 Comments
FEMA Releases Flood Insurance Advocate Annual Report

The Federal Emergency Management Agency (FEMA) on April 21 released the 2019 Annual Report from the Office of the Flood Insurance Advocate. The report examines and makes recommendations on policyholder and property owner concerns or frustrations with the National Flood Insurance Program (NFIP).

Continue Reading »

FEMA to Allow for Remote Inspection of Flood Losses

FEMA to Allow for Remote Inspection of Flood Losses

In response to the COVID-19 pandemic, the Federal Emergency Management Agency (FEMA) has issued a new  COVID-19 Remote Claims Adjusting Guidance memorandum that allows for remote inspections of flood losses to protect the health and safety of National Flood Insurance Program (NFIP) policyholders and NFIP adjusters during the outbreak.

Continue Reading »

FEMA Extends Grace Period for Flood Insurance Renewal Premiums

Filed in Codes and Standards, Environment by on March 30, 2020 0 Comments
FEMA Extends Grace Period for Flood Insurance Renewal Premiums

Due to the COVID-19 pandemic, the Federal Emergency Management Agency (FEMA) will be extending the grace period to renew flood insurance policies under the National Flood Insurance Program (NFIP) from 30 days to 120 days.

Continue Reading »

Flood Insurance, HUD, USDA and Labor Programs Extended Through Sept. 30

Filed in Advocacy by on December 19, 2019 0 Comments
Flood Insurance, HUD, USDA and Labor Programs Extended Through Sept. 30

Congress approves spending bills that will keep the National Flood Insurance Program and key HUD and USDA programs funded through Sept. 30, 2020.

Continue Reading »

National Flood Insurance Program Extended Through Dec. 20

Filed in Advocacy by on November 21, 2019 0 Comments
National Flood Insurance Program Extended Through Dec. 20

To prevent a government shutdown on Nov. 22, Congress has approved a continuing resolution that will keep the government funded for another month through Dec. 20. 

Continue Reading »

FEMA Defers Implementation of New Flood Insurance Risk Rating System

Filed in Codes and Standards, Environment 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.

Continue Reading »