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In an effort to make the program more sustainable, the House of Representatives passed a bill in November introducing several reforms. Still lacking Senate approval, the program is set to expire on February 8, 2018, unless Congress passes the new legislation. Among other reforms, the bill aims to:
As Congress continues to struggle over resolving the flood insurance rate hike crisis that threatens thousands of Florida families, U.S. Rep. Joe Garcia, D-Miami, introduced legislation Thursday.
Majority of Harvey flood victims don’t have flood insurance. the homeowner even talks to his or her insurer. A Florida law allows contractors to take "assignment of benefits" (AOB), meaning the.
City of Miami sues to foreclose East Little Havana apartment complex · It is important to buy land at a low cost to be able to keep rents and home prices low, said Anita Tejon Rodriguez-Tejera, executive director of the East Little Havana.
WASHINGTON – Federal officials plan to complete new proposed flood maps for Broward County this summer that could spare thousands of property owners from the need to buy flood insurance, saving.
The measure was sponsored by Reps. Dennis Ross (R-Fla) and Patrick Murphy (D-Fla). Supporters believe the bill will foster more competition in the flood insurance market, providing an alternative.
WASHINGTON, D.C. – Reps. Clay Higgins (R-LA) and Mike Johnson (R-LA) are leading a bipartisan group of lawmakers to introduce comprehensive, bicameral legislation today that reauthorizes and reforms the National Flood Insurance Program (NFIP), H.R. 3285.
As draconian flood insurance increases continue to hit homeowners in Pinellas County thanks to a new federal law, two locally based state lawmakers announced today that they will soon introduce.
· Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday. The stopgap bill was passed by the House on Thursday with a fast-track procedure used when members are on recess. It will allow new flood insurance policies to be issued and avoid delays of real estate transactions [.]
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Federal flood insurance covers $1.3 trillion of property in all 50 states, with Florida, Texas, Louisiana, California and New Jersey making up two. lehmann helped write the law sponsored by.