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…
Read MoreTag: purchase flood insurance
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…
Read MoreMaine 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…
Read MoreU.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…
Read MoreArmy 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…
Read More