April 1, 2017 NFIP changes comply with the requirements of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12) and Homeowners Flood Insurance Affordability Act of 2014 (HFIAA). The changes bring further premium increases and rating clarifications on properties newly […]
Three Key Elements of the New Flood Insurance Bill H.R. 2901
The U.S. House of Representatives unanimously passed H.R. 2901, known formally as the Flood Insurance Market Parity and Modernization Act, by a vote of 419-0 last Thursday. This is a very positive development for insureds, insurance agents and insurance carriers, […]