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National Flood Insurance Program

Letter from Washington: Flooding the Hill

by Eli Lehrer on May 1, 2012 · View Comments

Nearly everyone agrees on flood insurance reform. So why is it taking so long to pass a bill?

Vitter pushes for long term NFIP reauthorization

by Matthew Glans on April 28, 2012 · View Comments

The issue of extending and reforming the National Flood Insurance Program continues to stall in Congress. While the U.S. House version of a reauthorization bill passed in July 2011 by a significant margin, the bill has yet to get a floor vote in the U.S. Senate. Sen. David Vitter, R-La., sponsor of a five-year extension [...]

Rep. Schock tells agents to fight for flood reform

by R.J. Lehmann on April 26, 2012 · View Comments

In other flood insurance news, Sen. David Vitter’s bill to extend the flood program through Dec. 31 may get a vote in the Senate the first week of May.

Gov. Scott has until May 5 to sign or veto flood development bill

by Matthew Glans on April 26, 2012 · View Comments

The bill’s sponsor, Rep. Jimmy Patronis, argues that FEMA’s concerns have already been satisfied. Others are not so sure.

Sen. Vitter proposes seven-month NFIP extension

by R.J. Lehmann on April 26, 2012 · View Comments

The measure would offer a bit more time to finish work on long-term reforms to the National Flood Insurance Program before the end of the 112th Congress.

FEMA goes rogue, contradicts White House on flood reform

by R.J. Lehmann on April 25, 2012 · View Comments

The Federal Emergency Management Agency is asking Congress to extend the National Flood Insurance Program for two years, without any changes, even though the White House supports reforms that have passed the U.S. House and a key Senate committee.

Letter from Washington: NFIP harm in the Puget Sound

by Eli Lehrer on April 24, 2012 · View Comments

Around Puget Sound, experts agree that subsidized federal flood insurance gives developers an incentive to destroy floodplains and damage key wildlife habitat.

Florida isn’t the only state with NFIP compliance problems

by R.J. Lehmann on April 19, 2012 · View Comments

The threat of losing access to the National Flood Insurance Program has recently prompted the State of Mississippi and Louisiana’s St. Bernard Parish to adopt new building permit rules.

FEMA sides with agents over consumers

by R.J. Lehmann on April 18, 2012 · View Comments

Rather than encouraging flood insurance agents and brokers to compete, FEMA is ordering a halt to the practice of rebating commissions back to policyholders.

NFIP reforms should not be delayed

by Matthew Glans on April 18, 2012 · View Comments

While the National Flood Insurance Program remains a flawed entity plagued by debt and mismanagement, simply eliminating it altogether would be disastrous for consumers and the real estate market. New reforms that alleviate some of the NFIP’s problems while giving the government insurer more financial flexibility is a sound intermediate step in fixing the nation’s [...]

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