flooding

Press Release: FAIR Calls on Congress to Enact NFIP Reforms

FOR IMMEDIATE RELEASE Federal Association for Insurance Reform (FAIR) sends Letter to Congress: NFIP Reauthorization, Risk Rating 2.0, & Affordability This morning, FAIR sent a letter to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs. Specifically, FAIR supports full, long-term reauthorization of the National Flood Insurance Program…

FEMA Unveils New Flood Insurance Calculation

News Provided By: The Hill Article Author: Rachel Frazin Date: April 1, 2021 The Federal Emergency Management Agency (FEMA) on Thursday unveiled changes to the National Flood Insurance Program that it says will be aimed at being more equitable. A fact sheet from the agency said that it will be able to do this by…

Congress Extends NFIP through September 2020

On Friday, December 20th, President Donald Trump signed a bill extending the National Flood Insurance Program (NFIP) through September 30th, 2020. The NFIP authorization was set to expire at midnight on Friday. While FAIR applauds the one year extension, we will continue to advocate for a longer-term extension that includes needed structural reforms to the…