NFIP News

FEMA Launches Interim Office of the Flood Insurance Advocate

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) Administrator Craig Fugate announced the launch of the Interim Office of the Flood Insurance Advocate, led by the Acting Flood Insurance Advocate, David Stearrett. The Interim Flood Insurance Advocate …

New Flood Zone Maps Frustrate Connecticut Homeowners

People living on Porter Avenue face a threat that could put their homes underwater – but it’s not coming from nearby Long Swamp Brook. The rising cost of flood insurance is putting a financial strain on local residents, and many …

South Dakota Landlord Worried by Slow Flood Insurance Relief

Despite the passage of a federal policy to ease spikes in flood insurance rates, implementation lag time is leaving at least one South Dakotan in a lurch. Two of Cory Gollnick’s seven rental properties in Aberdeen have or will see …

Michigan Congresswoman Says Flood Insurance Bill Bad for Residents

A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it’s not good for Michigan homeowners. U.S. Representative Candice Miller (MI-10) voted against H.R. 3370, the Homeowner Flood Insurance Affordability Act, which …

What to Know About the Biggert-Waters Flood Insurance Reform Act of 2012

Flood insurance has been a staple of development since 1968 when it was created by the Federal Government. There are more than 20,200 communities, and as of June 30, 2011, the program had nearly 5.6 million policies in force with …

Louisiana Governor Asks Congress to Stop Flood Insurance Hikes

After months largely silent on the issue, Gov. Bobby Jindal is urging congressional leaders to stop higher flood insurance premiums from hitting homeowners and businesses. Jindal sent a letter late Tuesday to the Republican and Democratic leaders of both the …

North Dakota Town Sees Rising Flood Insurance Costs

Had Greg Larson, a Realtor and riverside homeowner in Bismarck, and his family changed their flood insurance policy, their cost would have gone from $705 a year to $4,200. Increases in flood insurance rates are making some of Bismarck-Mandan’s prized …

Homeowners Pay Higher Premiums Despite Faulty Flood Maps

Months after Carol Justice was wrongly told her home needs flood insurance, the Cornelius resident is still paying up – even though a surveyor has since determined her house is not in the flood zone. Justice is one of hundreds …

Louisiana Joins Lawsuit to Block Flood Insurance Hike

Louisiana’s Department of Insurance has joined a lawsuit filed by Mississippi against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. Commissioner Jim Donelon said Wednesday that the department had filed …

Few Support Delaying Changes in Flood Insurance

Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. The leaders of the House Financial Services Committee say they are standing behind last year’s bipartisan legislation to …