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Entries Tagged ‘bill’

Mass. State Senate Passes Flood Insurance Relief Bill

Mass. State Senate Passes Flood Insurance Relief BillNews from Insurance News Net: By Patrick Cassidy, Cape Cod Times, Hyannis, Mass. McClatchy-Tribune Information Services June 28–The state Senate has passed a bill filed by Attorney General Martha Coakley and House Speaker Robert DeLeo, D-Winthrop, intended to help homeowners, including many on Cape Cod, who are facing [...]

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Flood insurance bill heads to Scott

Flood insurance bill heads to ScottNews from Sarasota Herald-Tribune: Private flood insurance policies could become more widely available in Florida after the Legislature gave final approval Thursday to a bill aimed at jump-starting the market through looser regulation than exists for conventional homeowners’ coverage. Senators voted 30-3 for a House version of the flood insurance [...]

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Flood insurance bill passes, but relief is still nowhere in sight

Flood insurance bill passes, but relief is still nowhere in sightNews from Wicked Local Hull: Wollaston resident Pamela Brennan knows she needs to lock in flood insurance for her Dickens Street home before the Federal Emergency Management Agency implements the city’s new flood maps June 9. But Brennan has no idea how much her policy [...]

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Florida Senate passes bill to launch private flood insurance option

Florida Senate passes bill to launch private flood insurance optionNews from Tampabay.com: TALLAHASSEE — Homeowners could have more flood insurance options than the federally subsidized national program under a measure unanimously passed by the Florida Senate on Wednesday that is designed to encourage private insurance companies to enter the market. Florida lawmakers take first step [...]

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President Obama Signs Flood Insurance Relief Bill

President Obama Signs Flood Insurance Relief BillNews from Insurance Journal: Homeowners living in flood-prone areas are getting relief from big spikes in insurance costs under legislation President Barack Obama signed into law last Friday. Lawmakers from both parties supported the measure in response to angry homeowners who faced sharp premium hikes after an overhaul of [...]

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Bill blocking large flood insurance premium increases sent to White House

Bill blocking large flood insurance premium increases sent to White HouseNews from The Times-Picayune: WASHINGTON — Legislation limiting flood insurance premium increases to no more than 18 percent a year was delivered to the White House Tuesday. All indications are that the bill, which won final congressional approval last week, will be signed into law [...]

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President Obama Will Sign Flood Insurance Relief Bill

President Obama Will Sign Flood Insurance Relief BillNews from Insurance Journal: President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills. The legislation, which cleared Congress on Thursday, reverses much of a 2012 overhaul of the government’s much-criticized flood insurance [...]

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Senate Approves Bill to Curb Flood Insurance Hikes – Insurance Journal

Senate Approves Bill to Curb Flood Insurance Hikes – Insurance JournalNews from Senate Approves Bill to Curb Flood Insurance Hikes – Insurance Journal: The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner [...]

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Flood insurance bill clears Congress

Flood insurance bill clears CongressNews from USA TODAY: In this Oct. 15, 2013, file photo, a fence closes off the ruins of an oceanfront home in Mantoloking N.J. that was damaged by Superstorm Sandy. The House is pressing ahead with legislation to roll back a recently enacted overhaul of the federal flood insurance program after [...]

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Nationwide coalition backing revised House flood insurance bill

Nationwide coalition backing revised House flood insurance billNews from The Times-Picayune: WASHINGTON — A coalition of nearly 200 civic, business and political groups and individuals is endorsing a House bill designed to block larger increases in flood insurance premiums resulting from a 2012 law. House Democrats and Republicans were nearing an agreement on the bill. [...]

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