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FEMA, WYO Carriers to Discuss NFIP Privatization
The Federal Emergency Management Agency (FEMA) plans to invite the ten CEOs of companies participating in the "write your own" (WYO) flood insurance program ...
NAMIC Says Reform, But Don't Privatize, NFIP
The National Association of Mutual Insurance Companies (NAMIC) is urging the Obama administration to reform - but not privatize - ...
PIA Comments As National Underwriter Names NFIP One of Top Stories
The National Underwriter, in a series of articles on its Top 10 most important insurance stories of 2010, names the on-again, off-again congressional travails ...
PIA Reaffirms Support for Reforms to NFIP
"For decades, the private insurance industry has been almost entirely unwilling to underwrite flood insurance because of the catastrophic nature of these ...
Hearing on NFIP Slated, Reauthorization Bill Possible
A hearing has been scheduled March 9 in the House on the National Flood Insurance Program, amid reports that a bill will be introduced providing...
NFIP Hearing Slated, GOP to Introduce Bill, PIA Comments
There will be a hearing on Friday March 11 on "Legislative Proposals to Reform the National Flood Insurance Program." The hearing has been called by...
Flood Safety Awareness Week Is March 14-18th 2011
Many Americans are still unaware that flood damage is not covered by their homeowner's insurance policy. Others are in denial about the serious flood...
What Should You Tell Your Clients and Prospects About Flood Insurance?
Imagine flood waters coursing through a family room. Imagine losing furniture, important documents, treasured heirlooms, and sentimental belongings. Imagine a ...
More Levees May Be Opened As Mississippi Rises to Record Levels
The U.S. Army Corps of Engineers is now activating a flood plan developed decades ago to prevent catastrophic levee breaches as the Mississippi River rises...
PIA National Praises Passage of Flood Bill in House Committee
PIA National praised the House Financial Services Committee for passing the Flood Insurance Reform Act of 2011 (H.R. 1309). The committee voted unanimously to ...
PIA Article: Congress Finally On Track for NFIP Reform
Now that the House Financial Services Committee has unanimously passed the Flood Insurance Reform Act of 2011 (H.R. 1309), Congress has started to address a...
PIA Says Any Private Sector Involvement in NFIP Needs Balance
Federal Emergency Management Agency (FEMA) Administrator Craig Fugate told the U.S. Senate Banking, Housing and Urban Affairs Committee that he would like the ...
CBO Says Flood Insurance Reform Bill Will Not Increase Federal Spending
A House bill to overhaul the National Flood Insurance Program (NFIP) would result in no change to government spending over the next decade, according to...
Flood Victims Awash With Confusion
Insurance agents in areas threatened by flooding from the Missouri River say that federal officials are confusing property owners by encouraging them to buy ...
Flood Reform Bill Heads for House Vote
On Tuesday July 12, the U.S. House of Representatives is scheduled to vote on the Flood Insurance Reform Act of 2011 (H.R. 1309). PIA has...
PIA Praises House for Passing NFIP Reform, Urges Quick Senate Action
PIA praised the House of Representatives for passing the Flood Insurance Reform Act of 2011 (H.R. 1309) on July 13 to extend the National Flood...
Senate Prepares to Consider Flood Insurance Bill
The Senate Banking Committee has finished an 88 page draft flood insurance reform bill. PIA is working with members of the Senate to address concerns...
Does Widespread Support for the NFIP Bill Herald More Comity in Congress?
Is the widespread support for legislation to extend and reform the National Flood Insurance Program (NFIP) a harbinger for less acrimony and more compromise ...
NY Governor Requests Retroactive Coverage for Flood, Crop
New York Governor Andrew M. Cuomo thinks that residents of his state should be able to retroactively purchase flood and crop insurance. Cuomo sent letters...
Clock Again Ticking on National Flood Insurance Program
In July, the House of Representatives passed the Flood Insurance Reform Act of 2011 (H.R. 1309) to extend the National Flood Insurance Program (NFIP)...
FEMA Notice of Extension for Filing Proofs of Loss (certain states)
NFIP policy requires insured to file proof of loss in 60-days after the flood date. FEMA has issued a memo giving those flooded starting between...
Congress to Vote On Another Short Term NFIP Extension This Week
The National Flood Insurance Program (NFIP) is expected to receive another short-term extension this week. The extension through November 18 is designed to ...
House Approves Five-Day Flood Insurance Extension
On Thursday September 29, the House voted in favor of a stopgap funding proposal including provisions extending the National Flood Insurance Program through ...
FEMA Issues Guidance in the Event An NFIP Lapse Occurs
Read the FEMA memo on a potential flood program lapse: FEMA Guidance Memo re: NFIP (September 15, 2011) October 4, 2011...
Congress Extends NFIP to November 18
The House of Representatives has passed legislation that includes a provision extending the National Flood Insurance Program until November 18. The provision ...
Consumer Concern Over Possible Flooding Provides Opportunities and Pitfalls for Agents
This fall many Americans on the East Coast who had never before considered flooding to be a real threat to them experienced persistent rain that...
FEMA Denies Earthquake Disaster Aid to Virginia
The Federal Emergency Management Agency (FEMA) has denied Virginia's request for aid for individuals whose property was damaged by the Aug. 23 earthquake. ...
Second NFIP Hearing, Bill Markup Scheduled
A House subcommittee will hold a second hearing on the National Flood Insurance Program April 1 and mark up draft legislation March 6, according to...
NFIP Issues Major Revisions to Flood Manual
The National Flood Insurance Program (NFIP) has issued major changes to the NFIP Flood Insurance Manual...
FEMA/NFIP Issues Rule on BW 12 Wind vs. Water
This FEMA/NFIP bulletin, w-13058, is their policy to facilitate implementation of the provision of the Biggert-Waters Flood Insurance Reform Act of 2012 ...