News & Analysis as of

National Flood Insurance Program Flooding FEMA

Foley & Lardner LLP

Tsunamis and the National Flood Insurance Program

Foley & Lardner LLP on

On July 30, an 8.8 magnitude earthquake occurred off of Russia’s Eastern Kamchatka coast, subsequently triggering tsunami warnings in, among other places, Japan and Hawaii. Some have postulated that rising sea levels could...more

Downey Brand LLP

Hello Again from NAFSMA

Downey Brand LLP on

If you don’t recall, NAFSMA is the National Association of Flood and Stormwater Management Agencies, and I am attending NAFSMA’s 46th annual conference in Colorado Springs, Colorado....more

Downey Brand LLP

“Live from Colorado Springs, it’s NAFSMA!”

Downey Brand LLP on

It’s “what?” you might ask. NAFSMA, the National Association of Flood and Stormwater Management Agencies, was formed 46 years ago as a place where public agencies in the flood and stormwater space could come together, learn...more

Ward and Smith, P.A.

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of NFIP Flood Insurance Policies

Ward and Smith, P.A. on

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in areas prone to flood damage.  FEMA oversees the program and writes the terms of the Standard Flood Insurance...more

Downey Brand LLP

The Future [of] Flood Risk Data

Downey Brand LLP on

I had the opportunity this week to attend a National Association of Flood and Stormwater Management Agencies (NAFSMA) Mentoring Session on the Future [of] Flood Risk Data. This session, offered by NAFSMA in partnership with...more

Harris Beach Murtha PLLC

New York Revises Property Disclosure Forms to Address Flood Risk

New York home sellers now must disclose information about flood risk, flood history and flood insurance to potential buyers under legislation recently signed by Gov. Kathy Hochul, further amending the requirements of the...more

Woodruff Sawyer

Flood and Water Damage: Which Insurance Policy Do You Turn To?

Woodruff Sawyer on

The new year brought a series of ferocious storms that ravaged the California coast for weeks. By mid-January, this so-called “atmospheric river” caused at least eight million Californians to be under flood watch as wind and...more

Woodruff Sawyer

Managing the Risk of Floods

Woodruff Sawyer on

In the face of winter—and all the wet weather that comes with it—FEMA’s National Flood Insurance Program would like everyone to understand the risks of flooding. Flooding has occurred across many parts of the country (yes,...more

J.S. Held

FEMA’s Commonly Misinterpreted ‘50% Rule’

J.S. Held on

Did you know that a residential structure is three times as likely to experience a flood than a fire over the 30-year life of a mortgage? In fact, flooding is the most common type of natural disaster in the United States and...more

Pillsbury - Policyholder Pulse blog

Flooded by Ida? Many Policyholders Can Expect Increased Premiums for Flood Insurance

After hitting the shores of Louisiana with winds of up to 172mph in late August, Hurricane Ida’s remnants barreled up to the northeastern United States, leaving waves of destruction in its wake. The deluge of rain—more than...more

Moore & Van Allen PLLC

Water Under the Bridge: Revised Interagency Flood Insurance Q&As to Replace Decade-Old Q&As

Moore & Van Allen PLLC on

For the first time in nearly a decade, the Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Farm Credit Administration, and the National...more

Shutts & Bowen LLP

How Big Changes Coming to Flood Insurance Will Affect Commercial Property in Florida

Shutts & Bowen LLP on

The Federal Emergency Management Agency (FEMA) administers the National Flood Insurance Program (NFIP). The NFIP offers insurance coverage for physical losses to buildings and/or contents caused by a flood. Over the years,...more

Bradley Arant Boult Cummings LLP

Flood Insurance: Busy Hurricane Season Ahead and COVID-19 Extension

June 1 marked the start of hurricane season, and according to the National Oceanic and Atmospheric Administration (NOAA), the Atlantic hurricane season will be a busy one. NOAA predicts a 60% chance of an above-normal season,...more

Zelle  LLP

Latest Arkansas Floods Will Test The Already Vulnerable National Flood Insurance Program

Zelle LLP on

President Trump recently declared the flooding throughout the Gulf Coast a National Emergency and pledged federal resources, including FEMA, to assist with the recovery efforts. All the while, one of the linchpins in...more

Ward and Smith, P.A.

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of NFIP Flood Insurance Policies

Ward and Smith, P.A. on

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in higher-risk areas. FEMA oversees the program and writes the terms of the Standard Flood Insurance Policy...more

Ballard Spahr LLP

National Flood Insurance Program Update

Ballard Spahr LLP on

As previously reported, in early December 2018 Congress passed another short-term extension of the National Flood Insurance Program that was scheduled to expire on December 21, 2018. ...more

Bradley Arant Boult Cummings LLP

FEMA Reverses Halt to New Flood Policies during Shutdown; New Six-Month NFIP Extension Leaves Debate over Reforms to 116th...

Following criticism from industry groups and members of Congress, FEMA has retreated from a December 27 announcement that it would stop issuing new flood policies and renewals during the ongoing partial shutdown of the...more

BCLP

Addressing Climate Change in Due Diligence for Real Estate Transactions

BCLP on

On November 23, 2018, the United States government released Volume II of its Fourth National Climate Assessment. The report assesses the effects of the expected rise in sea levels resulting from global climate change,...more

Bradley Arant Boult Cummings LLP

Debate over NFIP Reforms Likely to Extend into 2019

A new short-term extension through December 21 leaves the National Flood Insurance Program (NFIP) in limbo as Congress grapples with a lengthy to-do list in advance of the holidays. NFIP, the biggest source of flood coverage...more

Bradley Arant Boult Cummings LLP

National Flood Insurance Program Shows Continued Promise–and Limitations–for Businesses Recovering from Hurricane Loss

Following record-setting levels of rainfall in the Carolinas from Hurricane Florence, businesses both in and outside of affected areas will likely be reviewing their flood coverage to assess how it will respond to adverse...more

Downey Brand LLP

Floodplains and Flood Risk: A Brief Overview of Changing Management Responsibilities

Downey Brand LLP on

When it comes to how our communities address flood risk and protect populations and economies from flooding, no one government agency is in charge. Instead, there are multiple agencies at the federal, state, and local levels,...more

Carlton Fields

National Flood Insurance Program Is Relieved Of $16 Billion Debt

Carlton Fields on

On October 26, 2017, President Donald Trump signed H.R. 2266, a disaster relief bill. Pursuant to section 308 of the bill, the Department of the Treasury will forgive $16 billion in debt owed by FEMA under the National Flood...more

Gray Reed

Washed Away: What Rights Do You Have When Your Home is Flooded?

Gray Reed on

Bill Deron bought a 100-acre tract next to a creek outside the City of Houston. Deron planned to build a subdivision where some of the homes abut a creek. The other homes would sit about 15 feet higher than the creekside...more

Hogan Lovells

US: Temporary Extension of the NFIP in wake of Hurricane Harvey

Hogan Lovells on

On September 8th, just days after Hurricane Harvey decimated the Houston metropolitan area, and while many Florida residents were evacuating as Hurricane Irma approached, President Trump signed into law the Continuing...more

Robins Kaplan LLP

When it Rains it Floods: California Rainstorms and Flood Insurance

Robins Kaplan LLP on

Until very recently, the scarcity of water and the decline in oil prices in California prompted the joke that oil was being used as fracking fluid to get water out of the ground. In the last week, however, so much rain has...more

27 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide