FEMA administrator says just because a home never flooded doesn't mean it isn't a flood risk
WASHINGTON -- Federal Emergency Management Agency (FEMA) Administrator Craig Fugate told senators Wednesday that Congress still must address the long-term financial stability of the National Flood Insurance Program. Congress thought it dealt with the issue with 2012 legislation, called Biggert-…
Refunds for flood insurance premium hikes repealed by Congress will start flowing on Oct. 1
WASHINGTON -- National flood insurance policyholders eligible for refunds based on federal legislation that modified or repealed key provisions of a 2012 law that had raised rates, in some cases significantly, should start getting checks on Oct. 1. FEMA estimates that...
"A bill awaiting Gov. Deval Patrick’s signature would help homeowners by capping increasing flood insurance rates.
The bill the state Senate sent to Patrick on Monday would prohibit creditors from requiring that owners of residential properties with one to four units buy flood insurance in an amount that exceeds the outstanding balance of their mortgage, home equity line of credit or home equity loan."
Gov. Deval Patrick gets bill capping flood insurance rates | Boston Herald
A bill awaiting Gov. Deval Patrick’s signature would help homeowners by capping increasing flood insurance rates.
natural disasters and to compensate them following
losses associated with these disasters. It is not to
create them. "
"Given that FEMA is run by Homeland Security, where
they reportedly have maps so accurate, they can spot a dime in a
gutter, one would think they could do their jobs properly. In reality,
FEMA has done more damage to homeowners than most natural
Read article below by MICHAEL J. PALLAMARY, PS.Thank you Michael.