FEMA Flood Maps
More on FEMA Flood Maps
by Roberta Rampton
Representative Barney Frank introduced legislation on Friday to extend the National Flood Insurance Program through September, which would give Congress more time to fix the troubled program.
The insurance program, important to more than 5 million homes and businesses in flood plains, has been in debt since major hurricanes in 2004 and 2005. Reform efforts stalled in Congress last year.
By Bruce Alpert
A U.S. House committee approved legislation Tuesday that would let property owners buy wind coverage through the National Flood Insurance Program.
The bill, approved 40-25 by the House Financial Services Committee, now goes to the full House, which passed the measure two years ago.
By Kevin Drawbaugh
A bill to overhaul the troubled National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee.
The bill, if approved in the full House and Senate, would reauthorize the program for five years and delay implementation of new rate maps for flood zones so homeowners newly included in a flood zone do not face an immediate new insurance cost.
by Anita Lee
A House bill to reauthorize the National Flood Insurance Program through September 2015 falls far short of reform the program needs for financial solvency, experts and politicians testified during a congressional subcommittee hearing Thursday.
by JIM ABRAMS
Many people trying to buy a house with a riverfront view were up a creek the past few weeks because of the temporary shutdown of the federal program that provides flood insurance.
Much was made of the thousands of workers losing their unemployment checks or their access to a federal health care program while the Senate took weeks to act on an $18 billion bill to extend, through the end of May or early June, several benefits programs that had expired.