Recent editorials from Florida newspapers: ___ Nov. 28 The Ledger of Lakeland on an act passed by the U.S. House of Representatives designed to update and upgrade the flood insurance … Click to Continue »
Wow! Congress is going to reform floods! Not really, but you can read all about what Congress will reform in Diane P. Horn's 13 November 2017 CRS report, 21st Century Flood Reform Act (H.R. 2874): Reforming the National Flood Insurance Program. Download CRS_Flood_Ins_Reform_Act_13Nov2017 Summary The National Flood Insurance Program (NFIP)...
With a three-month extension of the National Flood Insurance Program set to expire in less than a month, the real estate industry on Tuesday cheered the passage of new House legislation that would reauthorize and reform the ailing 49-year-old insurance plan...
The entire South Florida delegation in the House of Representatives voted Tuesday against a proposal to overhaul the National Flood Insurance Program, as Congress seeks a long-term solution for the … Click to Continue »
The House has passed legislation that will increase flood insurance premiums for many property owners to help firm up a program under stress from ever-more frequent and powerful storms. The … Click to Continue »
WASHINGTON (Reuters) - The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business and environmental groups renewed their push on Wednesday for lawmakers to enact an overhaul before the program expires on Dec. 8.
Mary Williams Walsh | A Broke, and Broken, Flood Insurance Program: The day of reckoning for the National Flood Insurance Program is coming soon, it seems. The core issue is policy: should the US federal government insure homes in flood-prone...Show More Summary
Two senior U.S. House of Representatives Republicans said on Friday they have agreed on terms for the reauthorization of the deeply indebted National Flood Insurance Program. House Majority Whip Steve Scalise of Louisiana and House Financial...Show More Summary
Now, an unusual coalition of insurers, environmentalists and fiscal conservatives is seeking major changes in the federal plan as a deadline approaches.
On Sunday, John Oliver returned after a week off with an extra-long 40 minute episode of Last Week Tonight, and he had plenty of material to cover: he prayed that Jared Kushner would be indicted by Robert Mueller, discussed the cowardice of Roy Moore, and criticized Trump’s plan to tackle America's opioid crisis. [ more › ]
The “Last Week Tonight” host breaks down why the insurance program designed to help victims actually hurts them.
Last Week Tonight’s new segment on flood insurance is extremely timely, considering the water damage recently done by hurricanes in Houston, Puerto Rico, and elsewhere. Or as host John Oliver put it: “Floods were everywhere this summer. Show More Summary
WASHINGTON (AP) — Trump signs $36.5 billion emergency aid bill to refill disaster accounts, help Puerto Rico and flood insurance.
President Donald Trump has signed a $36.5 billion emergency aid measure to refill disaster accounts, provide a cash infusion to Puerto Rico and bail out the federal flood insurance program. … Click to Continue »
The Senate has passed a $36.5 billion emergency aid measure to refill disaster accounts, provide a much-needed cash infusion to Puerto Rico, and bail out the federal flood insurance program … Click to Continue »
Senate moves forward on disaster aid package despite concerns from some lawmakers that it would “bail out”' struggling federal flood insurance program.
An unprecedented wave of destructive hurricanes has brought the long-struggling federal flood insurance program to the brink. Now Congress faces tough questions about whether to again bail out the nearly 50-year-old program and how to implement reforms to make it more sustainable, secure and cost-effective....
SAN JUAN, Puerto Rico — One of the most eye-opening statistics in the aftermath of Hurricane Maria’s roar through here is that there were just 5,675 federal flood insurance policies on an island with nearly 1.57 million housing units....
The House of Representatives recently voted in favor of a legislation that allows the use of private flood insurance policies as an alternative to the federal National Flood Insurance Program (NFIP). If enacted, the private flood insurance is deemed to satisfy mortgage lenders’ requirements in areas at high risk of flooding. Show More Summary
One of the most eye-opening statistics in the aftermath of Hurricane Maria’s roar through here is that there were just 5,675 federal flood insurance policies on an island with nearly … Click to Continue »