News

FEMA Releases New Guidance on Risk Rating 2.0

The new information provides localized rate analysis at the zip code level for all 50 states and the District of Columbia, as well as flood mitigation actions for policyholders.

Legislation to Delay Risk Rating 2.0 Introduced in the House

The act would require FEMA to release an impact analysis at least six months before National Flood Insurance Program changes, and prohibit certain changes during and up to six months after the COVID-19 emergency declaration.

House Hearing Includes NFIP Reauthorization Discussion

The legislation would reauthorize the National Flood Insurance Program (NFIP) for five years and clarify that private flood insurance can satisfy the NFIP’s continuous coverage requirements, a top priority for the Big “I.”

Big ‘I’ Legislative Conference Preview

The 2021 Conference will be held April 13-16 and will include addresses from members of Congress, a legislative update on key independent agent issues and more. Here is a preview of the issues Big “I” members will bring to Capitol Hill.