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2014 February - Flood Insurance Consumer Information

Flood Insurance Consumer Information

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Entries for February, 2014

US House flood insurance bill vote postponed until next week

US House flood insurance bill vote postponed until next weekNews from Bradenton Herald: Homeowners nervous about rising flood insurance rates, especially in Florida, will have to wait a little longer for a possible solution. The U.S. House was scheduled to vote on a bill could have delayed premium increases. Earlier Wednesday, lawmakers postponed the vote. [...]

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FEMA Flood Insurance Law Faces Partial Repeal Over Premiums

FEMA Flood Insurance Law Faces Partial Repeal Over PremiumsNews from NPR: i i hide captionLevees, like this one in New Orleans, must be certified by the U.S. Army Corps of Engineers before appearing on federal flood maps. This change has resulted in higher flood insurance premiums in some areas. Mario Tama/Getty Images Levees, like this [...]

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Rick Scott hammers White House, Obama over flood insurance rate hikes

Rick Scott hammers White House, Obama over flood insurance rate hikesNews from Tampabay.com: WASHINGTON — Gov. Rick Scott, who has been trying to raise his profile on the burning issue of flood insurance, got a prime opportunity Monday in a meeting with President Barack Obama. Flood insurance rates have sharply increased for many Floridians due [...]

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Mixed views on private flood insurance

Mixed views on private flood insuranceNews from Ct Post: MILFORD — Is a policy from a private Florida coastal flood insurance company too good to be true, or does it offer some homeowners their only hope at getting affordable coverage? Some local insurance experts say that the plan, which appeared in a wire story that [...]

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Republican House leaders finalize bill that would repeal flood insurance hikes

Republican House leaders finalize bill that would repeal flood insurance hikesNews from New York Daily News: Debbie Egan-Chin/New York Daily News A man walks through the water in Breezy Point, Queens, after Hurricane Sandy in October 2012. Flood insurance politics are set to wash over the House. GOP leaders were finalizing a bill Friday that [...]

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Flood insurance reform bill heads to a vote in House

Flood insurance reform bill heads to a vote in HouseNews from SunHerald.com: Palazzo JOHN FITZHUGH — SUN HERALD Buy Photo The House flood insurance reform plan, the Homeowner Flood Insurance Affordability Act of 2014, is set to go for a vote Wednesday. “We worked extremely hard to find the right balance with this legislation, and [...]

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No Retreat on Flood Insurance Reform

No Retreat on Flood Insurance ReformNews from Heritage.org: The House is slated next week to decide whether taxpayers will continue to subsidize flood insurance for private property. The pending legislation would rescind reforms adopted in 2012 to stem the debt incurred by the government’s unworkable insurance scheme. But a variety of legislative alternatives exist that [...]

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Meet the Flood Insurance ‘Robin Hood’ Who Saves Condo Owners Millions – NBCNews.com

Meet the Flood Insurance ‘Robin Hood’ Who Saves Condo Owners Millions – NBCNews.comNews from Meet the Flood Insurance ‘Robin Hood’ Who Saves Condo Owners Millions – NBCNews.com: Editor’s Note: This is part two of a series. See part one: Why Taxpayers Will Bail Out the Rich When the Next Storm Hits ORANGE BEACH, Ala. — [...]

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House needs to provide real relief on flood insurance rates: Editorial

House needs to provide real relief on flood insurance rates: EditorialNews from The Times-Picayune: After refusing for months to put the brakes on exorbitant flood insurance rate hikes, the U.S. House of Representatives seems to be coming around. As of Tuesday, 228 members — more than half the House — had signed on as sponsors [...]

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House moving toward action on flood insurance

House moving toward action on flood insuranceNews from Boston Globe: WASHINGTON — The GOP-led House could take up a bill as early as Feb. 24 to delay increases in flood insurance premiums approved under a 2012 law, Majority Leader Eric Cantor said Wednesday. It is unclear how much the legislation – which is still being [...]

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