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2014 May - Flood Insurance Consumer Information

Flood Insurance Consumer Information

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Entries for May, 2014

FEMA out with new flood insurance rates, reflecting March law’s changes

FEMA out with new flood insurance rates, reflecting March law’s changesNews from The Times-Picayune: WASHINGTON — The Federal Emergency Management Agency is sending new flood insurance premiums rate sheets to insurers, reflecting changes made by Congress in the program after complaints a 2012 law was leading to exorbitant increases. The new premiums, according to a [...]

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Flood insurance program still on shaky ground

Flood insurance program still on shaky groundNews from WWL: John Harper / Houma Courier Despite the relief local homeowners got as flood insurance reforms were scrapped earlier this year, the National Flood Insurance Program is still in trouble. Just as Hurricane Betsy helped seal the fate of private flood insurers in 1965, the recent round [...]

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Flood insurance problems persist

Flood insurance problems persistNews from Houma Courier: Lafourche Parish administrator Archie Chaisson looks at a FEMA website Thursday morning in his office in Thibodaux. Abby Tabor/Staff Published: Thursday, May 29, 2014 at 6:01 a.m. Last Modified: Thursday, May 29, 2014 at 11:32 p.m. Despite the relief local homeowners got as flood insurance reforms were scrapped [...]

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Flood zone changes impact insurance rates

Flood zone changes impact insurance ratesNews from Florida Today: Wayne T. Price, FLORIDA TODAY 8:50 a.m. EDT May 28, 2014 Autoplay Show Thumbnails Show Captions Last SlideNext Slide A woman uses a canoe near her home in Melbourne after flooding from Tropical Storm Fay in 2008.(Photo: Craig Rubadoux, FLORIDA TODAY file) … Read the full [...]

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County looks to save on flood insurance

County looks to save on flood insuranceNews from KeysNews.com (registration): Florida Keys News County looks to save on flood insurance FEMA flood program may save property owners millions BY TIMOTHY O’HARA Citizen Stafftohara@keysnews.com The Monroe County Commission moved forward with a plan that could save local property owners millions of dollars a year in federal [...]

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Flood Insurance Required For Some Upper-Floor Condos

Flood Insurance Required For Some Upper-Floor CondosNews from Insurance News Net: By Steve Jones, The Sun News (Myrtle Beach, S.C.) McClatchy-Tribune Information Services May 23–Here is a factoid you may want to stick in your home-buying portfolio. If you’re looking at condominiums on any upper floor of a highrise building, you’ll pay the same federal [...]

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Flood insurance coverage can vary; misunderstandings are everywhere after …

Flood insurance coverage can vary; misunderstandings are everywhere after …News from Akron Beacon Journal: In July, it will be two years since Julie Reis of Stow finished chemotherapy treatments for ovarian cancer. Recently, her husband Clint Reis saw his work hours cut in his job as a controls engineer. And then during a violent rainstorm [...]

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New changes in flood insurance are murky

New changes in flood insurance are murkyNews from Daily Commercial: On March 21, President Obama signed the Homeowner Flood Insurance Affordability Act of 2014 into law. This legislation repeals and delays certain aspects of the Biggert-Waters Flood Insurance Reform Act of 2012, which was put in place to eliminate the federal subsidizing of rates for [...]

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Feds offer silver lining on flood insurance

Feds offer silver lining on flood insuranceNews from Nogales International: As the City of Nogales and Santa Cruz County haggle over the flood control district, a representative from the federal government stopped by the County Complex last Wednesday to present a silver lining for a recently proposed building requirement that raised the ire of the [...]

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County likely to hire staffer to focus on getting flood insurance premiums down

County likely to hire staffer to focus on getting flood insurance premiums downNews from KeysNet: A new Monroe County government staff position could help Florida Keys property owners trim the $ 18 million in flood-insurance premiums they combined to pay in 2013.A recommendation to hire a floodplain administrator goes before the Monroe County Commission at [...]

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