Flood insurance premiums may lead to partial law repeal

fema flood insurance law

FEMA’s program regulations will be subject to a vote in the house as early as this week. The 2012 law that reformed the National Flood Insurance Program, which is suffering from an overwhelming amount of debt that has no end in sight, will be facing a vote as early as this week, which could partially repeal the regulations that have been put in to place – and more that would have been on their way. The law was designed to make it so that individuals living in higher risk areas…

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Insurance News Broadcast

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  Welcome to our Live Insurance News Broadcast! Join us every week as we annouce news Fresh Of The Press! Catch this week in the industry…   Check out a summary of today’s headline articles as well as a link directly to the source! Health insurance exchange approved in Minnesota Early this week, Minnesota lawmakers passed a legislation that calls for the creation of a health insurance exchange that is managed by the state. Opponents of the state-run health insurance exchange argue that it will simply be too expensive for…

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Flood insurance is a recommended coverage for residents of Maine

flood insurance news

Homeowners living in the state are urged to purchase protection when they are located near a body of water. Officials in the state of Maine are now urging homeowners and business owners to think about purchasing flood insurance coverage when the structure is located near a body of water and could therefore be at risk very soon. The flooding season in the state is rapidly approaching, as the snow begins to melt and rains begin. The Maine Floodplain Management Program is reminding homeowners and business owners that the typical policies…

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