Oklahoma gap insurance to fill the additional need for flood coverage

According to a news release from the Federal Emergency Management Agency (FEMA) at the U.S. Department of Homeland Security, despite the fact that flooding is the most common form of natural disaster in the country, statistics continue to indicate that individuals are ignoring this risk and are failing to purchase the gap insurance required to cover them against this circumstance. There are approximately 1.7 million households in the state of Oklahoma, and fewer than 34,000 (approximately 2 percent) of them are covered in the event of flooding, from a policy…

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With National Flood Safety Awareness Week Kicking Off, SmarterSafer.org Urges Congress to Pass Long-Term Extension of Flood Insurance Program

With National Flood Safety Awareness Week kicking off, SmarterSafer.org is urging Congress to pass meaningful flood insurance reform and provide a long-term extension of the National Flood Insurance Program (NFIP). In a letter being sent to Congress today, the group said reform is necessary to protect homeowners and businesses. “March 12-16 has been designated as National Flood Safety Awareness Week, however, the National Flood Insurance Program (NFIP) has yet to be extended and is set to expire at the end of May,” said SmarterSafer.org. “The NFIP must be reformed and…

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FEMA clashes with National Wildlife Federation over flood insurance and endangered animals

The Federal Emergency Management Agency (FEMA) has come under fire from the National Wildlife Federation. The federation claims that the agency is granting flood insurance policies to land development projects that could put natural habitats at risk of destruction. The federation claims that FEMA is acting in violation of the Endangered Species Act, which protects these habitats from construction projects. These projects are primarily focused on the Puget Sound region of Washington. Without flood insurance, companies cannot expand into this region of the state because it presents a significant risk…

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Mississippi could lose its access to flood insurance because of state law

Residents of Mississippi are in danger of losing their flood insurance if state legislators do not take action on a particular law. The state was put on notice by the Federal Emergency Management Agency late last week because one of the state’s laws makes hunting and fishing camps exempt from the building codes that govern the flood prone areas of the state. FEMA claims that if the issue is not resolved by May 5th, those receiving coverage through the National Flood Insurance Program will see their policies canceled. According to…

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Maine insurance regulators urging consumers to purchase flood insurance before the stormy season begins

The Maine Floodplain Management Program, a state-run initiative that works in tandem with the National Flood Insurance Program, is urging state residents to purchase flood insurance before the stormy season gains momentum. According to state regulators, floods in Maine are often the result of coastal storms that happen near the beginning of spring and during the hurricane season later in the year. Regulators note that while flood insurance is often very affordable, few consumers have policies because they do not think that such disasters will happen to them. March and…

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U.S. Senators team to petition for action on troubled National Flood Insurance Program

The problems facing the National Flood Insurance Program (NFIP) remain unresolved and its latest expiration date – May 31 – is quickly approaching. Forty-one Senators have come together to petition for action to be taken on the ailing federal program that provides affordable insurance coverage to thousands of homeowners. The Senators are backing a legislation that would extend the program’s lifetime for another 5 years and begin the arduous reformation process. They assert that action must be taken swiftly in order to prevent lapses in coverage during seasons of heavy…

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SmarterSafer.org Praises Senators’ Efforts to Bring Long-Term NFIP Reauthorization to Senate Floor

SmarterSafer.org today praised a letter from David Vitter (R-LA) and Jon Tester (D-MO) to Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY) urging the Senate to pass long-term reauthorization of the National Flood Insurance Program (NFIP). The letter, signed by a bipartisan coalition of 41 Senators, asks the Leaders to bring the legislation to the Senate floor as expeditiously as possible. “The Senate should take this opportunity to capitalize on the bipartisan efforts by both the Senate Banking Committee and the House of Representatives thus…

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Army Corps of Engineers warns that last year’s floods could spur yet more damage along the Mississippi River this year

Last year’s record breaking floods along the Mississippi River could put a significant amount of people in danger of similar events this year, according to the Army Corps of Engineers. The events of last year have dealt a significant amount of damage to protective structures that block floods, such as levees and overflow channels. The communities that were affected by these events last year will be notified of the Army Corps of Engineers concerns in February. The Corps has identified several places where floods could be a major problem this…

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FEMA tours North Dakota to promote flood insurance awareness

Flood insurance continues to be a major issue for consumers and insurers alike. The outlook for the National Flood Insurance Program is bleak as federal legislators continue, without success, to fix the debt-riddled program. In an effort to raise awareness of the issue, FEMA, along with officials from the federal government, has embarked on a tour through one of the states most at risk of flooding events: North Dakota. The tour began in North Dakota on January 23 and will come to an end on January 26. During the first…

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Consumer advocates encourage president Obama to speak out on NFIP during State of the Union address

President Obama will be delivering the annual State of the Union address this week on the 24th of January. In the past, the president has used this occasion to highlight some of the major issues that have put the nation on edge. He has also outlined plans legislators have come up with to fix a number of these problems. This year, consumer advocates from SmarterSafer.org are urging the president to make a statement regarding the state of the National Flood Insurance Program (NFIP). Thousands of people get their flood insurance…

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