Tag Archives: Homeowner Flood Insurance Affordability Act of 2014

4 Things Flood Insurance Policyholders Should Know About NFIP Changes

4 Things Flood Insurance Policyholders Should Know About NFIP Changes

The Federal Emergency Management Agency (FEMA) is taking strides to strengthen the National Flood Insurance Program (NFIP) through recent legislation, such as the Biggert-Waters Flood Insurance Reform Act of 2012 and the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). These changes are working to make the NFIP actuarially sound by better aligning flood premiums to their level of […]