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Congress reauthorizes NFIP to December 21

On Dec 7, 2018, the President signed legislation passed by Congress that extends the National Flood Insurance Program’s (NFIP’s) authorization to Dec. 21, 2018.

As Published in PACB Magazine – The Perfect Storm

The article explores the impact of changing environmental, regulatory and financial conditions on flood compliance. The increase and intensity of superstorms, NFIP insolvency, new FEMA rate design and mapping, and the importance of flood determination granularity....

Think You’re Not at Risk of Flooding? Think Again.

August 31 – Consumer Reports article on flooding & insurance. “It’s wise to buy flood insurance even if you’re not in a flood zone. It will be inexpensive, and it’s better to buy it and not need it than to need it and not have it.” Jay Bruton, 65, who rode...

NFIP Reauthorization Update

July 31 – The Senate passed the House NFIP extension to November. Congress has now passed 6 short term extensions. Industry experts are concerned that meaningful reform will be difficult to achieve in a midterm election cycle.