2022 Midterm Elections, the 118th Congress, and Implications for the NFIP: A Post-Webinar Recap

Last week, Lauren Pachman, PIA’s counsel and director of regulatory affairs, participated in a panel discussion hosted by the National Flood Association (NFA), on whose board she serves. She was joined on the panel by Chris Brown of Mindset, Brett Hewitt of the American Property Casualty Insurance Association (APCIA), Travis Johnson of 1607 Strategies, and …

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118th Congress Begins Amid Leadership Uncertainty

The 118th Congress begins today, January 3rd, 2023, bringing divided leadership to Washington, D.C. The Republican party is now in control of the U.S. House of Representatives, which is made up of 222 Republicans and 212 Democrats (and one vacancy). The U.S. Senate will continue to be led by the Democratic party, which has 48 Senate …

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Omnibus Heads to Biden’s Desk for Signature

The federal government is currently on the precipice of finalizing a sweeping, $1.7 trillion omnibus funding package, just in time to prevent a looming government shutdown, which would have begun at midnight tonight. Funding the government through the end of the current fiscal year was the final item on the 117th Congress’s agenda. The omnibus …

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Flood Insurance Regulatory Update

Federal Emergency Management Agency (FEMA) Independent insurance agents deeply focused on the National Flood Insurance Program (NFIP) may already know that, on October 1, the most recently published version of the Flood Insurance Manual took effect. FEMA also recently solicited feedback on the use of Elevation Certificates and Floodproofing Certificates by communities participating in the …

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FEMA Stokes Agent Concern Over Online NFIP Sales Proposal

Recently, the procurement office of the Federal Emergency Management Agency (FEMA) quietly issued a request for information (RFI) regarding a proposal to offer consumers the option of purchasing a National Flood Insurance Program (NFIP) policy online. The RFI provides some background on the history of the NFIP and its recent implementation of its Risk Rating …

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PIA Testifies at House NFIP Hearing

PIA National Secretary Ariel Rivera testifying before the House Financial Services Committee The House Financial Services Committee’s Subcommittee on Housing, Community Development and Insurance held a hearing earlier today entitled, “Reauthorization and Reform of the National Flood Insurance Program.” Testifying on behalf of PIA was Ariel Rivera, Secretary of PIA and founder and agency principal …

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NFA Conference, Note on Statutory Caps, & Upcoming Trainings: A Flood Roundup

PIA recently joined the National Flood Association (NFA), and, late last month, Lauren Pachman, PIA’s Counsel & Director of Regulatory Affairs, represented PIA at the NFA’s annual conference in Scottsdale, Arizona. The event assembled experts across all aspects of flood insurance for a two-and-a-half-day conference, where attendees learned not only from the specialists lined up …

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PIA of Louisiana Meets with Congress on Risk Rating 2.0, NFIP Reauthorization

Members of the PIA of Louisiana met with members of their congressional delegation earlier this week to discuss the risk rating methodology, known as Risk Rating (RR) 2.0, now being used by the National Flood Insurance Program (NFIP) and its effect on communities around Louisiana. PIA of Louisiana also highlighted the need for a long-term …

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Federal Flood Program Set to Expire This Week

The federal government is currently operating on a continuing resolution (CR) that expires at midnight this Friday, December 3. Notably for PIA members, the National Flood Insurance Program (NFIP) is also set to expire on December 3. If Congress cannot pass another CR to fund the federal government beyond that date, the government, including the …

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PIA Supports Flood Bills Encouraging Development of Private Market

On September 30, the National Flood Insurance Program (NFIP)’s authority to operate was extended until December 3, 2021. This is the 17th short term extension of the NFIP since its last five-year reauthorization expired in 2017. PIA supports a long-term reauthorization of the NFIP that recognizes the key role independent agents play in delivering the …

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