We all are asking the same question…..SHOULD I STAY OR SHOULD I GO?"If every…

We all are asking the same question.....SHOULD I STAY OR SHOULD I GO?

"If every other house takes the buyout, what's that going to look like? How marketable would the house be at that point?" Gill said.

Others worry about rising insurance costs since many Williamson Creek residents bought their homes long before the Army Corps of Engineers updated flood plain maps to show the high risk of flooding.

http://insurancenewsnet.com/oarticle/2014/11/26/residents-by-flood-prone-williamson-creek-ask-should-they-stay-or-go-a-575056.html#.VHc7iPlpcgE


Residents by flood-prone Williamson Creek ask: Should they stay or go?
insurancenewsnet.com
Nov. 26-- Arwen Tedhams loves the wildlife she experiences as a result of living on the edge of South Austin's Williamson Creek, especially the abundant blue jays, cardinals and woodpeckers. When City Council members approved buyouts in September for another 230 homes along Onion Creek, they include…
Posted in FEMA|Leave a comment

"There has rarely been a clearer red flag than FEMA's objection to turn over key…

"There has rarely been a clearer red flag than FEMA's objection to turn over key documents from engineers and adjusters that will help determine if flood insurance providers have engaged in fraudulent activities to reduce payments to Long Island homeowners," Senator Schumer said.

Here is a copy of the article if you are nota subscriber;

"The Federal Emergency Management Agency is appealing a Long Island judge's order calling for the release of thousands of flood insurance documents to determine whether engineers and adjusters conspired to deny superstorm Sandy claims.
The agency, which runs the National Flood Insurance Program, argues that it had no opportunity to make its case before the ruling, which concluded that an engineering report was secretly rewritten to avoid paying a settlement for a house in Long Beach.
"The actions of one engineering firm in one particular case cannot be imputed on all engineers, and certainly not all adjusters, involved in investigating Hurricane Sandy claims," Assistant U.S. Attorney Orelia Merchant wrote in the appeal.
FEMA's appeal, filed late Friday, is the latest in a series of recent legal developments that lawyers say could have significant impact for the more 1,000 lawsuits pending from the 2012 storm.
It was filed in federal court in Central Islip, on the same day similar arguments were submitted by Allstate, Liberty Mutual and more than a dozen other companies that administered claims for FEMA.
Both of New York's U.S. senators, Democrats Charles Schumer and Kirsten Gillibrand, decried FEMA's decision to appeal the ruling, saying the agency appeared to be trying to conceal wrongdoing.
"There has rarely been a clearer red flag than FEMA's objection to turn over key documents from engineers and adjusters that will help determine if flood insurance providers have engaged in fraudulent activities to reduce payments to Long Island homeowners," Schumer said.
A FEMA spokesman did not return calls seeking comment.
The Nov. 7 ruling, by Magistrate Judge Gary Brown, stemmed from a single case in Long Beach. An engineer for U.S. Forensic, who never set foot on the property, rewrote a report to blame damage on erosion rather than on flooding. The move allowed the company processing the claim, Wright National Flood Insurance Co., to deny part of the settlement.
Brown wrote that the practice of rewriting reports appeared to be "widespread." And he ordered that all companies being sued over a flood insurance claim to release notes, pictures and other draft materials used to compile reports.
In its appeal, FEMA argued that it lacks authority to force companies to turn over drafts. Moreover, the agency said the move would lead to costly delays in cases that have already dragged on for months.
FEMA asked the U.S. District Court judge who oversees Brown to throw out or curtail the ruling, which applies to all Sandy cases in Nassau, Suffolk, Brooklyn, Queens and Staten Island.
John Mostyn, who is among the lawyers representing homeowners who filed a class-action lawsuit Friday accusing companies of a large-scale conspiracy to deny claims, said he was surprised that the federal government would fight to keep the draft reports from public view.
"It is mind-boggling to me that FEMA would not want to know whether people were defrauded by the insurance companies it hired," Mostyn said.
Gillibrand called the appeal "shocking."
"FEMA should be a watchdog for the taxpayers it serves," she said. "And this is an abject failure of that responsibility."

http://www.newsday.com/business/fema-appeals-judge-s-order-to-turn-over-engineering-reports-for-denied-sandy-claims-1.9649281


FEMA appeals judge's order to turn over engineering reports for denied Sandy claims - Newsday
www.newsday.com
The U.S. government is appealing a Long Island judge's order to release thousands of flood
Posted in FEMA|Leave a comment

This New Jersey Couple did EVERYTHING RIGHT.They rebuild AND RAISED THEIR HOME…

This New Jersey Couple did EVERYTHING RIGHT.They rebuild AND RAISED THEIR HOME.Now their flood insurance will rise to $33,000 a year.

THIS IS A NATIONAL ISSUE.

http://www.nj.com/monmouth/index.ssf/2014/11/union_beach_couple_with_33k_flood_insurance_bill_fear_losing_home_to_mounting_costs.html#incart_river


$33K flood insurance bill could sink Union Beach couple, they say
www.nj.com
Richard and Sandra Drake, who are still disputing the 55-fold increase in their flood insurance premium, said their mortgage payment is set to rise by $700 a month in January to cover the cost of additional insurance coverage secured by their mortgage company.
Posted in FEMA|Leave a comment

Private Flood Insurance MAY be a viable option.But only AFTER the FEMA/NFIP Fl…

Private Flood Insurance MAY be a viable option.But only AFTER the FEMA/NFIP Flood Maps AND Actuary rates are fixed.Otherwise the Private insurance companies will reap a windfall basing their flood insurance premiums on erroneous data.

http://augustafreepress.com/congressman-robert-hurt-statement-flood-insurance-hearing/


News: Congressman Robert Hurt statement on flood insurance hearing - Augusta Free Press
augustafreepress.com
Congressman Robert Hurt released a statement after attending a hearing held by the Financial Services’ Housing and Insurance Subcommittee on the flood insurance market.
Posted in FEMA|Leave a comment

The TRUTH about the Grimm – Cassidy Flood Insurance Bill.Originally the FIAA (…

The TRUTH about the Grimm - Cassidy Flood Insurance Bill.

Originally the FIAA (Flood Insurance Affordability Act) was introduced early this year sponsored with bipartisan support by Senator Menendez and Senator Johnny Isakson .

This bill had most of the issues we needed to help us for the LONG TERM; true grandfathering, fixing flood maps problems nationally, reviewing the actuary rates, no surcharges, and nominal flood premium increases,etc.....As the bill passed the Senate and eventually was debated in the House of Representatives it was watered down.

What is troublesome is that Congressman Bill Cassidy is touting the bill named after him as the savior to flood zone residents.

Let's take a look at his voting record and "accomplishments":
- When this bill came up to vote in the house, as the FIAA, he VOTED AGAINST THE BILL the first time.
-The 2nd time the bill came up to a vote he ABSTAINED from voting.
-The 3rd and final time it came to vote he voted FOR the bill.But only after the bill was WATERED DOWN and basically GUTTED.ADDING $400 million dollars in surchages, primary homeowners would receive up to 18% compounded increases, secondary homeowners and businesses would receive up to a 25% COMPOUNDED increase yearly increases, Not much about fixing the mapping issues and the grandfathering issue was POSTPONED temporarily.

Now our elected officials are talking about PRIVATIZING flood insurance.The problem with that is if Private Flood Insurance Carriers are going to use the existing erroneous flood maps and actuary rates, riddled with errors, then we will still be paying astronomical flood insurance.

We need WHOLSEALE CHANGES and TRUTH to be revealed about flood insurance.

Please get on twitter and retweet @StopFemaNow


Posted in FEMA|Leave a comment