Proposed Flood Regulation Could Hurt Agents, Consumers

PIA National recently submitted comments in response to the July 8, 2019 Advanced Notice of Proposed Rulemaking (ANPR)[1] published by Federal Emergency Management Agency (FEMA) regarding the National Flood Insurance Program (NFIP). The ANPR outlines potential changes to the methodology currently used for payments to Write Your Own (WYO) insurance companies selling flood policies in …

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Flood Insurance Program Set to Expire Sept. 30 Absent Congressional Action

Congress returns from its August recess next week, and not a moment too soon. The National Flood Insurance Program (NFIP) is set to expire on September 30th if Congress doesn’t act to extend it. The NFIP is currently on its 12th short term extension since its last long-term renewal expired in September 2017. While Congress may …

Continue reading Flood Insurance Program Set to Expire Sept. 30 Absent Congressional Action