FEMA Offers New Risk Rating 2.0 Webinar Dates for Agents
In May, FEMA is hosting more webinars for agents that will focus on Risk Rating 2.0.
News
Risk Rating 2.0 Takes Effect for All NFIP Policies Tomorrow
Beginning Friday, April 1, all flood policies must be priced under Risk Rating 2.0 at renewal.
Risk Rating 2.0 Takes Effect for All Policies Next Week
FEMA is currently offering new webinars for agents that will focus on the renewal process under Risk Rating 2.0 beginning April 1.
NFIP Legislation Introduced as Risk Rating 2.0 Deadline Approaches
The bill would require FEMA to publish the formulas used to calculate policyholder mitigation credits under Risk Rating 2.0.
FEMA Announces New Risk Rating 2.0 Webinars for Agents, NFIP Reauthorization Nears
Beginning April 1, all flood policies must be priced under Risk Rating 2.0 at renewal. FEMA is offering new webinars that will focus on renewals under Risk Rating 2.0.
Big ‘I’ Urges Agents to Take Action Ahead of Risk Rating 2.0 Implementation for all Renewal Policies
As the April 1 implementation date for all Risk Rating 2.0 renewals approaches, agents should review all communication from their Write Your Own (WYO) companies.
Senate Expected to Pass Legislation to Extend NFIP
As of press time, the U.S. Senate was expected to pass legislation that would fund the government through March 11, 2022, and extend the National Flood Insurance Program (NFIP) for the same period.
House Passes Legislation to Extend NFIP
The U.S. Senate is expected to take up the legislation in the coming days, which is needed to avoid a government shutdown and a lapse in the NFIP.
Brief NFIP Lapse Possible as Congress Considers Government Funding
The National Flood Insurance Program (NFIP) is scheduled to expire on the same date as government funding, which will expire tomorrow if legislation is not passed.
Build Back Better Package Moves to Senate
Advocacy efforts by the Big “I” proved successful on many fronts and several damaging provisions have been dropped from the legislation.
