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Congress Extends National Flood Insurance Plan Until Next March

National News • September 29, 2008
In addition to working overtime on the Wall Street bailout over the weekend, the Senate also approved legislation to extend the National Flood Insurance Program until March 6, 2009. The measure ...

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Subject: RE: Just not enough time

Posted On: September 29, 2008, 1:43 pm CDT
Posted By: Don
Comment:
A lot of wasted effort was made about expanding the program to include wind. If they are not doing a good job with flood alone why should anyone want them to expand? If they really wanted reforms they should start by correcting some of the major flaws in the exising program . No other insurance program pays loss adjusters more based on them settling losses for more. Sorta the fox watching the henhouse!
No reasonable person would provide coverage to alleviate future losses after a loss occurs and then say two losses or more are needed to trigger the coverage availability.. Do they really think it reasonable to have multiple losses before taking steps to alleviate?
The new flood elevation certificates were created to have a licensed professional visit the site and certify the elevations but not include the other requirements needed to rate like number of stories type of foundation etc.This is left to the agent. Why? Why dont the flood zone maps overlay the aerial maps like google. Do they really want accuracy or a scapegoat in case of loss?
What do we expect from Fema? More!
Subject Posted By Posted On
Inefficient Insurer Jay
Oct 17, 2008, 7:26 am
RE: These losers in our government flip
Oct 1, 2008, 10:53 pm
These losers in our government Debbie
Sep 29, 2008, 2:47 pm
RE: Just not enough time Don
Sep 29, 2008, 1:43 pm
NFIP pushed to 3-6-09 Daryl Silberberg
Sep 29, 2008, 1:40 pm
Just not enough time Scott
Sep 29, 2008, 12:39 pm
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