Florida Reps. Introduce New Flood Insurance Legislation

This news release was issued by U.S. Rep. Dennis Ross (FL-15) U.S. Rep. Dennis A. Ross (R-FL-15), Senior Deputy Majority Whip, today reintroduced his bipartisan legislation, the Flood Insurance Market Parity and Modernization Act, which would encourage the development of a robust private flood insurance market that can offer homeowners options in terms of pricing and coverage.

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With 480,000 households participating in the flood insurance program, Louisiana ranks behind only Texas and Florida. officials said. Representatives from St. Bernard Parish told lawmakers that new.

Florida representatives are introducing a new bill that would allow private flood insurers to enter the marketplace and are proposing extension to the Homeowner Flood Insurance Affordability Act.

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Trapped: Homeowners of Flood-Prone Properties Need Flood Insurance Reform WASHINGTON, D.C., June. 25, 2015 – The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today applauded Sens. Dean Heller (R-Nevada) and Jon Tester (D-Montana) and Reps. Dennis Ross (R-Florida) and Patrick Murphy (D-Florida) for introducing the "Flood Insurance Market Parity and Modernization Act."

The Flood Insurance Reform Act of 2004 further strengthened the NFIP with a number of reforms, that included, reducing losses to properties for which repetitive flood insurance claim payments have been made, creating policyholder awareness about individual flood insurance policies, increasing policyholder information on guidance about the flood.

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Try your new Florida Realtors website. print and informational resources to learn about flood insurance issues on a state and federal level.. Every Realtor should know their representatives. Knock on their doors and introduce yourself when you’re not asking for something. – Claudette.

Washington, D.C.–Today, Reps. Curbelo (FL-26) and Murphy (FL-18) introduced H.R. 2918, the Flood Insurance Fairness Act of 2015 to expand upon last year’s Homeowner Flood Insurance Affordable Act.

Florida representatives are turning their attention to flood insurance with a new bill and a proposition to extend a 2014 law. Rep. Patrick Murphy (D-Fla.) and Rep. Carlos Curbelo (R-Fla.) are calling for an extension of the homeowner flood insurance affordability Act, signed by President Barack Obama on March 21, 2014, which limited yearly.

Today, Congressman Cedric Richmond (LA-02), along with Congresswoman Maxine Waters (CA-43) and Members of the Louisiana delegation, introduced The Flood Insurance Implementation Reform Act of 2013.This bipartisan legislation will improve the National Flood Insurance Program by ensuring that the implementation of new rates do not burden homeowners or slow the recovery of our housing market.