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Flood Insurance Consumer Information

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Entries Tagged ‘hikes’

Flood insurance hikes on hold

Flood insurance hikes on holdNews from for now – Cincinnati.com: James Pilcher, AP 6:35 a.m. EDT March 21, 2014 Rate increases on insurance that protects against floods will hold off for three years. (Photo: Enquirer file ) Story Highlights A pending law reverses reforms of the U.S. flood insurance program Changes stirred anxiety among many [...]

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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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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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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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Pinellas appraiser surveys 800 properties hit by flood insurance hikes

Pinellas appraiser surveys 800 properties hit by flood insurance hikesNews from Tampabay.com: How much has the flood insurance crisis watered down property values? As property appraiser for Pinellas County — which has more properties potentially facing sharp flood insurance hikes than any other county in the nation — Pam Dubov has been wrestling with that [...]

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House Republicans to offer new legislation to fix large flood insurance hikes

House Republicans to offer new legislation to fix large flood insurance hikesNews from The Times-Picayune: WASHINGTON — House Majority Leader Eric Cantor said Wednesday that the House will take up a “modified version” of legislation that passed the Senate January 30 — delaying for four years most flood insurance premium increases resulting from a 2012 [...]

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Flood Insurance Premium Hikes from New Maps Could Be Delayed Until 2015

Flood Insurance Premium Hikes from New Maps Could Be Delayed Until 2015News from Insurance Journal: Some flood insurance premiums required under a 2012 law now won’t be raised until the fall of 2015 at the earliest. The Federal Emergency Management Agency (FEMA) said the $ 1 trillion bipartisan funding bill passed by Congress last month [...]

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FEMA announces more delays for flood insurance premium hikes

FEMA announces more delays for flood insurance premium hikesNews from Bradenton Herald: Flood insurance rate hikes will be delayed by nearly two years – and possibly longer — for most policyholders in Florida, the Federal Emergency Management Agency says. “Under legislation passed by Congress last month, the implementation of higher premiums was postponed until the [...]

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Flood insurance rescue? Rep. Grimm needs to champion delay in rate hikes …

Flood insurance rescue? Rep. Grimm needs to champion delay in rate hikes …News from SILive.com: Staten Islanders who experienced the devastation of Hurricane Sandy could be on their way to avoid even more financial disaster after the United States Senate passed legislation that would block sharply higher flood insurance bills — at least for four [...]

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Senate Passes Bill to Delay Flood Insurance Hikes

Senate Passes Bill to Delay Flood Insurance HikesNews from ABC News: Hundreds of thousands of homeowners in coastal and flood-prone areas would win protection from sharply higher federal flood insurance premiums under legislation muscled through the Senate on Thursday after angry constituents inundated Capitol Hill with complaints. The 67-32 vote reflects widespread alarm about changes [...]

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