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Flood Extension Wins Support.(Brief Article)
The Senate Banking Committee has unanimously approved a bill (S.2238) to extend the National Flood Insurance Program along with reforms to reduce the cost of repetitive flood insurance claims. The NFIP extension bill, sponsored by Sen. Jim Bunning, R-Ky., builds on a House-passed measure (H.R. 253) to reduce the cost of insurance claims on properties that are repeatedly hit by floods.
Homeowners who refuse federal buyouts or other forms of assistance to shore up, elevate or move their properties will see their flood insurance premiums increase under the bill. The cost of repeat claims on high risk properties has been a problem ...
- Flood insurance costs key factor in Coast recovery: public comment period open...
- Magazine article from: Mississippi Business Journal Gillette, Becky January 14, 2008 700+ words
...association as the only option, rates for flood insurance have remained a bargain. [ILLUSTRATION...are now subject to higher rates for flood insurance because they are in a high hazard...Mississippi Business Journal concerning flood insurance issues on the Coast. MBJ: Have ...
- National Flood Insurance Program report explores issues.
- Press release article from: PR Newswire August 13, 1990 700+ words
NATIONAL FLOOD INSURANCE PROGRAM REPORT EXPLORES ISSUES...many of them still don't buy flood insurance even though nearly all carry fire...research report on the National Flood Insurance Program, which insures more than...
- Flood Insurance Flawed.
- Magazine article from: National Mortgage News Taylor, Gene October 31, 2005 700+ words
...recently appeared before the House Financial Services Subcommittee...many of those did not have flood insurance, but it is clear that the...being ridiculed by National Flood Insurance Program director David Maurstad...stupid or too cheap to buy flood insurance and deserve no ...
- National Flood Insurance Program 'FloodSmart' Campaign to Provide Agents,...
- Press release article from: PR Newswire June 30, 2004 700+ words
...and agents about the importance of flood insurance. The campaign is designed to educate...risks of flooding and the benefits of flood insurance, provide Write Your Own companies...administered through the National Flood Insurance Program; a program within FEMA that...
- Dealing with flood insurance: customer service is key.
- Magazine article from: Mortgage Banking Thompson, Lena August 1, 2005 700+ words
...loan and you determine that your client needs flood insurance. You are running through the terms of the...the client that he or she is required to get flood insurance. "Flood insurance," your client exclaims, "What do I need...
- Purchase of Flood Insurance Worth Investigating
- Press release article from: PR Newswire July 13, 1998 700+ words
...through the purchase of a separate flood insurance policy." "As we found with the...areas where families can least afford flood insurance or even basic home or auto insurance...eligibility function for the National Flood Insurance Program (NFIP), indicates that...
- Interest in national flood insurance is on the rise
- Magazine article from: American Agent & Broker Batson, Kathleen M March 1, 1996 700+ words
SINCE 1968, the National Flood Insurance Program has been looking for ways to increase...Protection Act of 1973 and the 1994 National Flood Insurance Reform Act), selling flood insurance has remained a challenge. The good news is...
- Bill Would Make Flood Insurance More Expensive on Vacation Homes.
- Magazine article from: Mortgage Servicing News Collins, Brian August 1, 2006 700+ words
...WASHINGTON -- The House has passed a flood insurance reform bill...sponsor of the flood insurance reform bill (H.R. 4973.) House Financial Services...comply. The House bill also requires...availability of flood insurance on all homes...
Source: HighBeam Research, Flood Extension Wins Support.(Brief Article)