Due to inclusion of language in an omnibus funding bill signed by President Obama on January 17, 2014, the Federal Emergency Management Agency recently released an advisory document which indicates that FEMA has stopped any planning to implement section 207 of the Biggert-Waters Act. Section 207 of BW12 instructed the National Flood Insurance Program to…
New Jersey is offering about $9.4 million to buy out 33 homeowners in a vulnerable part of New Jersey. Many of the homes for which the offer is extended were destroyed or severely damaged by Sandy. The article notes apparent unanimous support for the buyout by owners of the affected properties. This stems in part…
On December 13, 2013 another bill was introduced into the U.S. House of Representative that would delay the implementation of parts of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW12). The bill’s full text is available here. This bill, known as the “Flood Insurance Relief and Transparency Act of 2013,” is even more modest…
Florida Sea Grant and Escambia County Extension present two programs on flood insurance November 18, 2013 in Pensacola. The morning program is for real estate professionals and the evening program for members of the public. The presentations will give some background on the National Flood Insurance Program, look at how the Biggert-Waters Flood Insurance Reform Act of…
Legislation introduced to blunt impact of flood insurance reform on homeowners On October 29, 2013, federal legislation was introduced into both the House and Senate to alter implementation of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW12) (background information on flood insurance and BW12 that will make the following clearer is available here). This…
Floodplain managers, community leaders and public works staff can sign up for a one-day workshop in Largo on changes to the National Flood Insurance Program.