Under questioning by senators, Fugate acknowledged that some flood insurance ris…

Under questioning by senators, Fugate acknowledged that some flood insurance risk maps are inaccurate, but not all. Fugate said just because a homeowner says "I've lived here all my life, and it never flooded," doesn't necessary mean that listing the property as a flood risk is a mistake.

http://www.nola.com/politics/index.ssf/2014/07/post_563.html


FEMA administrator says just because a home never flooded doesn't mean it isn't a flood risk
www.nola.com
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-…
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Notice from #FloodInsurance company; 25% compounded yearly increases WITH a$25…

Notice from #FloodInsurance company; 25% compounded yearly increases WITH a$250 yearly surcharge for non primary homeowners.


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http://www.nola.com/politics/index.ssf/2014/07/refunds_for_flood_insurance_pr.html

http://www.nola.com/politics/index.ssf/2014/07/refunds_for_flood_insurance_pr.html


Refunds for flood insurance premium hikes repealed by Congress will start flowing on Oct. 1
www.nola.com
WASHINGTON -- National flood insurance policyholders eligible for refunds based on federal legislation that modified or repealed key provisions of a 2012 law that had raised rates, in some cases significantly, should start getting checks on Oct. 1.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...
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Every Governor in the Nation should be passing a similar law."A bill awaiting…

Every Governor in the Nation should be passing a similar law.

"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."

http://bostonherald.com/business/business_markets/2014/07/gov_deval_patrick_gets_bill_capping_flood_insurance_rates


Gov. Deval Patrick gets bill capping flood insurance rates | Boston Herald
bostonherald.com
A bill awaiting Gov. Deval Patrick’s signature would help homeowners by capping increasing flood insurance rates.
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"FEMA’s primary role is to protect homeowners from natural disasters and to com…

"FEMA’s primary role is to protect homeowners from
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
disasters.

Read article below by MICHAEL J. PALLAMARY, PS.Thank you Michael.

http://www.amerisurv.com/PDF/TheAmericanSurveyor_Pallamary-FEMAFailuresPart2_July2014.pdf


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