3-Year Effort by Stetson University Professor Results in 35% Discount in Flood Insurance for Residents of Monroe County, Florida prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Monroe County government’s efforts in the past five years to reduce flood insurance rates in Monroe County have steadily paid off with the most recent rate reduction scheduled to go
I. AUTHORITY
The Subcommittee on Federal Spending Oversight and Emergency Management focuses on the effectiveness and efficiency of Federal financial management; agency policies to promote program integrity and the prevention of waste, fraud, and abuse; policies and procedures related to Federal contracting and procurement, including Federal Acquisition Regulation; and the acquisition functions of the
General Services Administration (
Office of the Federal Procurement Policy. The Subcommittee also examines the
Federal Emergency Management Agency (FEMA) and the Federal Government s efforts to prepare for, respond to, and recover from natural and man-made disasters, including State and local grant programs; activities under the Robert T. Stafford Disaster Relief and Emergency Assistance Act; and activities related to the
Colorado Flood and Fire Awareness Week 2021 weather.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weather.gov Daily Mail and Mail on Sunday newspapers.
Flood Insurance Changes Could Spike Costs
Marlborough Enterprise (MA)
As the Federal Emergency Management Agency works to compensate for more than 50 years of mispriced flood insurance, those likely to be hurt most are the ones least equipped to handle unexpected expenses – middle-class and low-income homeowners.
Scheduled to take effect in October is a major overhaul of FEMA s National Flood Insurance Program – the biggest change to the program s methodology since 1968. Experts say the recalibration of premiums will be representative of a structure s actuarial flood risk.
In other words, for the first time since Lyndon B. Johnson was in office, flood insurance premiums will reflect a home s individual, present-day risk.