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Items Tagged with 'FEMA'

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FBI investigating flood insurance map fraud

Irony: With Biggert-Waters gelded, map lines moot
Now comes a story out of Florida serving as an example of how the current NFIP system is being abused, shifting the burden of flood insurance away from million-dollar beach homeowners and onto taxpayers.
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Flood insurance premiums could rise, FEMA warns

FEMA urges lawmakers to rewrite key flood insurance legislation
FEMA is asking Congress to rewrite the Flood Insurance Reform Act to prevent flood insurance rates from soaring to new heights. In its current state, the act includes no provisions for affordability, the agency claims.
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