Hurricane Harvey Could Spur Congress to Act on Flood Insurance

By | August 28, 2017

  • August 28, 2017 at 1:43 pm
    Jack Kanauph says:
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    Maybe I am reading this wrong, but why eliminate Federal Flood for areas in the 1 in 100 year zones? Those are the better risks, and would help FEMA build up some cash.

    • August 28, 2017 at 5:23 pm
      Sherriff Joe Bearpaio says:
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      The volume would be too low to justify a Fed program for 1/100 risks. They would be needed to justify the private insurance industry taking over NFIP. Otherwise, there would be some degree of adverse selection against the private industry.

    • August 29, 2017 at 10:25 am
      insnerd8 says:
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      The 100 year zones are the “A” zones … they are considered high risk.

      • August 29, 2017 at 5:17 pm
        Doug Fisher says:
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        As they should be. Going to be a lot of “100-year” floods and storms in the next decade. Book it.

  • August 28, 2017 at 1:46 pm
    Dave says:
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    Why does this program have to stop? Read these two lines from the article:

    “Homebuilders, the real estate industry, and property owners in coastal communities have also long favored the program, which offers subsidized rates to many policyholders.”

    ““Right now, it’s not on a sustainable path and carries a lot of other problems with it,” Lightbody said. For example, she said, the program encourages development in flood-prone areas by making it easier to get insurance.”

    Subsidized rates? Who pays for that? Taxpayers who choose not to buy properties in flood-prone areas.

    And why would anybody want to encourage more development in flood-prone areas?

    It’s time stop the madness and let those who choose to make bad decisions pay for their choices and not the government and other taxpayers. This is crazy!

    • August 28, 2017 at 5:25 pm
      Sherriff Joe Bearpaio says:
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      Bravo! Concise, well-supported reply. Risk mitigation or elimination is the only point you omitted.

      • August 31, 2017 at 4:15 pm
        Agent says:
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        Sherriff, wonder if Flood will cover looting losses going on this week and next? Perhaps a broader form is needed.

  • September 9, 2017 at 9:00 pm
    cruz says:
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    how do I get flood insurance



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