FEMA Hit by Multi-State Lawsuit Over Flood Insurance Rating Formula June 2, 2023 By Ezra Amacher A federal lawsuit claims FEMA failed to take into account skyrocketing flood insurance costs generated by its new rating system,...
Louisiana Parish Sues FEMA Over Flood Rate Information May 2, 2023 By Ezra Amacher A Louisiana parish is suing FEMA for withholding flood insurance rating methodology, alleging the agency has denied residents from viewing...
FEMA Invites Public to Comment on Johnson County, Texas Flood Maps April 22, 2022 Preliminary flood risk information and updated Flood Insurance Rate Maps are available for review in Johnson County, Texas, FEMA announced...
Louisiana Lawmaker to Hold Flood Insurance Program Townhall March 2, 2022 Louisiana Congressman Garret Graves, St. Charles Parish President Matthew Jewell, FEMA representatives, and members from the St. Charles Parish Council...
Flood Insurance Costs Rise in Louisiana as Risk Rating 2.0 Sets in December 9, 2021 By Suman Naishadham and Michael Phillis In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing...
U.S. Senators See ‘Actuarial Disaster’ on the Horizon with Flood Risk Rating 2.0 October 4, 2021 By Stephanie K. Jones U.S. senators from coastal states are predicting “an actuarial disaster” in the future once FEMA’s new flood insurance rating systems...
Michigan DIFS Expects New Flood Insurance Rating System to Lower Costs in the State October 4, 2021 The Michigan Department of Insurance and Financial Services (DIFS) said the National Flood Insurance Program (NFIP) estimates that under its...
Rates to Rise for Millions of Homeowners Under National Flood Insurance Program October 4, 2021 By Leslie Kaufman and Polly Mosendz The federal government Friday rolled out a flood-insurance program revamped to reflect worsening climate change, a program that will raise...
Flood Insurance Program Expires Tomorrow Unless Congress Acts September 29, 2021 As Democrats and Republicans in Washington continue to haggle over government debt and spending, federal flood insurance is among the...
Insurance, Housing Groups Urge Renewal of Flood Program That Expires Sept. 30 September 15, 2021 The National Association of Mutual Insurance Companies, along with a large coalition of other insurance, lending and housing industry groups,...