Category: U.S. Congress

  Five witnesses appeared before the full U.S. House of Representatives Committee on Financial Services yesterday, June 7, 2017, to comment on six proposed bills intended to reform the National Flood Insurance Program (“NFIP”).   They were (written testimony provided via …

  As Congress weighs reauthorization of the National Flood Insurance Program (“NFIP”), it has multiple options for addressing the program’s challenges and should take into account specific insurance market, technological and other developments, the American Academy of Actuaries said in …

  At a field hearing on April 10, 2017 in a location described as “Ground Zero for climate change impacts” just four miles across the waterway from President Donald Trump’s Mar-A-Lago estate in Palm Beach County, Florida, U.S. Senator Bill …

  A significant number of written comments from Florida governmental entities were among the 216 submissions received so far today, April 12, 2017, in response to a request for feedback on a Federal Emergency Management Agency (“FEMA”) concept to implement a Public …

  The U.S. House Financial Services’ Subcommittee on Housing and Insurance will hold a hearing entitled “Assessing the U.S.-EU Covered Agreement” this Thursday, February 16, 2017 at 10 a.m. The hearing will examine the January 13, 2017 announcement from the …

  Two U.S. House of Representatives hearings of interest to the insurance industry are underway in Washington D.C. this morning, February 14, 2017.  Neither hearing includes witnesses with direct insurance industry ties, however.  The first, held by the Committee on …

  Comments are being accepted until April 12, 2017 on a Federal Emergency Management Agency (“FEMA”) concept to implement a Public Assistance deductible that would condition States’ receipt of FEMA reimbursement for the repair and replacement of public infrastructure damaged …

  The U.S. House Financial Services Subcommittee on Housing and Insurance is expected to move quickly with draft legislation in January 2017 to re-authorize the National Flood Insurance Program (“NFIP”), which expires on September 30, 2017. Early in December, Subcommittee …

  In a press release issued last Friday, September 23, 2016, the Council of Insurance Agents & Brokers (“CIAB” or “Council”) applauded H.R. 6159, which was introduced the same day by U.S. Representatives John Larson and Ed Royce.  The CIAB …

  Private insurers’ takeout offers could be more readily accepted after implementation of Florida’s Citizens Property Insurance Corporation’s (“Citizens”) “Depopulation Enhancements for Policyholder Choice” Program (“Program”), which will be reviewed at Citizens’ Market Accountability Advisory Committee meeting tomorrow, September 27, …