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Direct Flood Insurance Agency, LLC Blog: rate increases

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President Obama signs flood insurance bill into law By Bruce Alpert New Orleans Times-Picayune  on March 21, 2014 at 1:30 PM, updated March 21, 2014 at 2:01 PM   WASHINGTON -- President Barack Obama Friday signed into law hard-fought legislati... READ MORE >>

H.R. 3370 The Homeowner Flood Insurance Affordability Act of 2014 Amendment in the Nature of a Substitute The economic ramifications surrounding unaffordable flood insurance has the potential to devastate home values, small businesses, and entire communities across the country. READ MORE >>

House Republicans to offer new legislation to fix large flood insurance hikes from  The Times Picayune WASHINGTON -- House Majority Leader Eric Cantor said Wednesday that the House will take up a "modified version" of legislation that passed the Senate January 30 -- delaying for four years most flood insurance premium increases resulting from a 2012 reform law. READ MORE >>

                                      Senate Passes Bill to Delay Spike in Flood Insurance Rates WASHINGTON — The Senate on Thursday passed a bill to delay sharp increases in flood insurance rates for millions of property owners in coastal and flood-prone areas. READ MORE >>

Recent News of BW12 Rates Being Delayed You may have seen recent news articles headlining the delay in the flood insurance rate increases mandated by the Biggert-Waters Flood Insurance Reform Act of 2012 (BW12).  These headlines, though they may be technically correct, are slightly misleading. READ MORE >>

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