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Florida representatives are introducing a new bill that would allow private flood insurers to enter the marketplace and are proposing extension to the Homeowner Flood Insurance Affordability Act.

"The Big ‘I’ thanks Sens. Heller and Tester and Reps. Ross and Castor for introducing this important legislation that clarifies that having an active flood insurance policy, whether through the NFIP or through the private market, should be considered continuous coverage for purposes of NFIP rating requirements," says Charles Symington, Big "I" senior vice president of external and government affairs.

In an effort to make the program more sustainable, the House of Representatives passed a bill in November introducing several reforms. Still lacking Senate approval, the program is set to expire on February 8, 2018, unless Congress passes the new legislation. Among other reforms, the bill aims to:

07.16.19 Cassidy, Kennedy Introduce Bipartisan Legislation to Reauthorize, Reform NFIP. WASHINGTON-U.S. Senator Bill Cassidy (R-LA), along with U.S. Senator John Kennedy (R-LA), led a bipartisan group of senators and representatives in unveiling a new, bipartisan and bicameral piece of legislation to extend the National Flood Insurance Program (NFIP) for five years while instituting a series.

Contents began charles ferguson smaller potions.florida reps. introduce flood insurance legislation impacted property flood insurance. representatives Water management district Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market. a $50,000 loan, according to current and former.

Trapped: Homeowners of Flood-Prone Properties Need Flood Insurance Reform Insurance Legislation And Regulation To Watch In 2015. By Jeff Sistrunk. Law360, New York (January 2, 2015, 2:21 PM EST) — Securing the reauthorization of an expired federal terrorism reinsurance.

said Rep. Pallone.. with Congress set to reauthorize the national flood insurance program, New Jerseyans deserve to know their representatives are. The U.S. House of Representatives passed. 44% of homeowners in Louisiana have flood insurance, which is the highest in the nation. Louisiana was followed by Florida ( 36%), Hawaii (23%), South.

National Flood Insurance Program: Laws & Regulations. This page includes references to the various laws and regulations that govern the National Flood Insurance Program (NFIP). Biggert-Waters Flood Insurance Act of 2012 (Text Begins on Page 512)