Most people would not associate flood insurance with the protection of endangered species. But over the past decade, the Federal Emergency Management Agency (FEMA) has been the target of multiple lawsuits alleging that the...more
The National Flood Insurance Program (NFIP) often seems to be the Congressional-stepchild; everyone knows that it deserves some attention but everyone is too busy with their favorite child. Unfortunately, the Program is...more
In a last minute move to avert a mini-financial disaster, yesterday the Senate passed, and the president signed, a bill to extend the NFIP until November 30, 2018. The House had previously passed a companion bill....more
8/1/2018
/ Flood Insurance ,
Flood Zones ,
Housing Market ,
Insurance Industry ,
Mortgage Lenders ,
National Flood Insurance Program ,
Property Owners ,
Real Estate Transactions ,
Reauthorization ,
Senate Committees ,
Time Extensions ,
Trump Administration
FEMA has announced that Roy Wright, the director of FEMA’s National Flood Insurance Program, is stepping down to take the helm of a nonprofit backed by the insurance industry. We will be sorry to see Roy leave...more
The National Flood Insurance Program (NFIP) will expire at the end of the month. For anyone that has read the newspaper lately, this is a lousy time for the program to expire with two hurricane’s bearing down on the Eastern...more