The Federal Emergency Management Agency (FEMA) has responded to Florida’s request to review the National Flood Insurance Program (NFIP) rates but it may not be as forthcoming and helpful as Florida officials had hoped. In a letter dated Dec. 29, …
Florida Insurance Commissioner Kevin M. McCarty has followed through on his promise to State Senator Jeff Brandes to investigate the National Flood Insurance Program’s (NFIP) rating practices of Florida insureds. In an Oct. 2 letter to Craig Fugate, administrator of …
With thousands of Florida residents facing dramatic increases in their flood insurance premiums, state lawmakers are preparing the groundwork for a private market option to premiums charged by the federal flood insurance program. The Senate Banking and Insurance Committee approved …
