Florida Reps. Introduce New Flood Insurance Legislation

The Flood Insurance Reform Act of 2004 further strengthened the NFIP with a number of reforms, that included, reducing losses to properties for which repetitive flood insurance claim payments have been made, creating policyholder awareness about individual flood insurance policies, increasing policyholder information on guidance about the flood.

This will allow Floridians, and others who utilize NFIP, to have the most accurate data for flood hazard identification. Congressman Bill Posey (R-FL) is reintroducing companion legislation in the House of Representatives.

The legislation was introduced by Senators Kirsten Gillibrand (D-New York) and Marco Rubio (R-Florida) and Representatives Steve Cohen. A 2017 study by the Insurance Institute for Highway Safety.

U.S. Representatives Dennis Ross (R-FL) and Patrick E. Murphy (D-FL) have jointly introduced bi-partisan legislation that would give states the ability to regulate and license flood insurance policies. The Flood Insurance Market Parity and Modernization Act of 2015 would encourage the development.

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, introduced H.R. 3167, the National Flood Insurance Program (NFIP) Reauthorization Act of 2019, legislation to provide a long-term reauthorization to the National Flood Insurance Program and ensure homeowners, businesses, renters, and communities are given the certainty they deserve.

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WASHINGTON, D.C., June. 25, 2015 – The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today applauded Sens. Dean Heller (R-Nevada) and Jon Tester (D-Montana) and Reps. Dennis Ross (R-Florida) and Patrick Murphy (D-Florida) for introducing the "Flood Insurance Market Parity and Modernization Act."

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The U.S. House of Representatives passed. 44% of homeowners in Louisiana have flood insurance, which is the highest in the nation. Louisiana was followed by Florida ( 36%), Hawaii (23%), South.

National Flood Insurance Program: Laws & Regulations. This page includes references to the various laws and regulations that govern the National flood insurance program (nfip). biggert-waters Flood Insurance Act of 2012 (Text Begins on Page 512)

Florida representatives are turning their attention to flood insurance with a new bill and a proposition to extend a 2014 law. Rep. Patrick Murphy (D-Fla.) and Rep. Carlos Curbelo (R-Fla.) are calling for an extension of the homeowner flood insurance affordability act, signed by President Barack Obama on March 21, 2014, which limited yearly.

More than 2 million of the program’s policies are in Florida. up the desperately awaited legislation, nearly leaving property owners in the lurch when it comes to writing new policies. But on.