ASFPM Flood Insurance Committee

Flood Insurance Committee
Co-Chairs		Liaison
Paul Osman, CFM Illinois DNR One Natural Resources Way Springfield, IL 62702 217-782-4428 / Fax: 785-5014 paul.osman@illinois.gov	Bruce Bender Bender Consulting Services 8374 E. Cheryl Dr. Scottsdale, AZ 85258 480-368-1223 / Fax: 315-9236 babender@cox.net	Vacant

Features		Committee Information
Purpose		2007-2008 Goals & Objectives
Flood Insurance Producers National Committee Minutes		2006-2007 Status Report
Insitute of Business & Home Safety Flood Executive Committee Minutes		Meeting Minutes and Associated Documents
Links		Committee Correspondence

Purpose Mission Statement: To support the ASFPM�s floodplain management efforts through information, education, and outreach activities on flood insurance issues.

2007 - 2008 Goals and Objectives Goal 1: Continue to monitor modifications and improvements to the insurance aspects of the National Flood Insurance Program, both from FEMA and Congress. Objective: Follow status of rule making and prepare review comments, as appropriate, to the Federal Emergency Management Agency. Objective: Keep Board of Directors and membership appraised of significant flood insurance issues, including repetitive loss, subsidy reduction, Increased Cost of Compliance (ICC), and changes in WYO Expense Allowance. Objective: Follow status of bills in Congress and keep Board of Directors and membership appraised of possible effects the proposed changes may have on the Program and any related significant insurance issues. Goal 2: Continue liaison activities with the Flood Insurance Producers National Committee (FIPNC) and Federal Insurance Administration (FIA) and other flood insurance interest groups. Objective: Participate in FIPNC meetings and offer ASFPM’s views and recommendations. Objective: Participate in the Annual National Flood Conference. Objective: Initiate dialog with the National Flood Determination Association and work towards identifying mutual goals and objectives. Objective: Promote No Adverse Impact where possible when performing liaison duties. Goal 3: Work with FEMA on issues affecting flood insurance including insurance aspects of the Community Rating System and Flood Map Modernization. Objective: Monitor and provide input on FIA’s insurance, marketing, simplification, and lender compliance efforts and offer ASFPM’s views and recommendations. Objective: Monitor and provide input regarding the effects of different FEMA programs (i.e. Flood Map Modernization) on insurance and offer ASFPM’s views and recommendations. Goal 4: Provide flood insurance related information and assistance to members. Objective: Respond to member requests for flood insurance information and statistical data. Goal 5: Provide information and guidance to members on FEMA’s revised forms such as the Elevation Certificate and Flood Hazard Determination Form Objective: Develop a one or two page bulletin regarding frequently asked questions with answers and/or article in ASFPM publications related to new forms or changes in existing ones.

2006-2007 Status Report 2006 – 2007 MAJOR ACTIVITIES The following is a chronological summary of major activities the Insurance Committee participated in during the past year: July National Insurance Representatives work group meeting in DC Meetings with key House and Senate staff on NFIP Reform NFIP Reform legislation comments provided to key leg. Staff NFIP Reform comments provided to House Banking Committee Institute of Business and Home Safety (IBHS) Executive Flood Committee Meeting in DC Reviewed the Insurance Section of the National Flood Programs and Policies in Review - 2007 - Draft August Comments provided to Senator Obama’s office on NFIP Reform Flood Insurance Producers National Council (FIPNC) Meeting in DC September Sent out correspondence to ASFPM Members about new NFIP Claims Handbook October IBHS Executive Flood Committee Meeting in DC ASFPM Committee Retreat in Newport, RI Presentation at New Jersey Flood Conference FIPNC Meeting in DC November Presentation at State Farm Corporate HQ – CPCU Conference Sent out two correspondences to ASFPM members about the new Elevation Certificate requirements taking effect and about the planned May ’07 changes in the flood insurance program December Rested January National Insurance Representatives work group meeting in DC Sent out correspondence to ASFPM members about the new Severe Repetitive Loss Program related to the Special Direct Facility (SDF) and about an updated claims guide. February FIPNC Meeting in DC March Discussions with Rep. Biggert’s office regarding co-sponsorship of NFIP Legislation ASFPM Pod Call with FEMA IBHS Executive Flood Committee Meeting in DC May National Insurance Representatives work group meeting in DC National Flood Conference in Denver FIPNC Meeting in Denver 2006 -2007 GOALS AND OBJECTIVES - STATUS Goal 1: Continue to monitor modifications and improvements to the insurance aspects of the National Flood Insurance Program, both from FEMA and Congress. Objective: Follow status of rule making and prepare review comments, as appropriate, to the Federal Emergency Management Agency. Objective: Keep Board of Directors and membership appraised of significant flood insurance issues, including repetitive loss, subsidy reduction, Increased Cost of Compliance (ICC), and changes in WYO Expense Allowance. Objective: Follow status of bills in Congress and keep Board of Directors and membership appraised of possible effects the proposed changes may have on the Program and any related significant insurance issues. Status: The Committee actively followed the status of the different bills and provided continual input to legislators, the ASFPM Board, and other colleagues. In addition, the Committee monitored the Federal Register and NFIP Bulletins for issues that may be pertinent to the ASFPM, especially from an insurance perspective. The Committee generated several bulletins for the ASFPM members as described above. Goal 2: Continue liaison activities with the Flood Insurance Producers National Committee (FIPNC) and Federal Insurance Administration (FIA) and other flood insurance interest groups. Objective: Participate in FIPNC meetings and offer ASFPM’s views and recommendations. Objective: Participate in the Annual National Flood Conference. Objective: Initiate dialog with the National Flood Determination Association and work towards identifying mutual goals and objectives. Objective: Promote No Adverse Impact where possible when performing liaison duties. Status: Committee members attended the FIPNC and IBHS meetings to stay in-tune with their respective issues as well as share ASFPM’s views. The NFDA was invited to attend the Insurance work group meetings that were held in D.C. to help identify common areas of thinking regarding the NFIP. Goal 3: Work with FEMA on issues affecting flood insurance including insurance aspects of the Community Rating System and Flood Map Modernization. Objective: Monitor and provide input on FIA’s insurance, marketing, simplification, and lender compliance efforts and offer ASFPM’s views and recommendations. Objective: Monitor and provide input regarding the effects of different FEMA programs (i.e. Flood Map Modernization) on insurance and offer ASFPM’s views and recommendations. Status: Through the different meetings that the Committee has attended as well as related correspondences and the March Pod call, the committee has been providing input. Committee members have briefed Mapping Committee members on those aspects of the NFIP Reform bills which will impact map modernization. Committee members continue to coordinate closely with members of the CRS Task Force. Goal 4: Provide flood insurance related information and assistance to members. Objective: Respond to member requests for flood insurance information and statistical data. Status: When general emails or questions are forwarded, Insurance Committee members have provided timely and accurate responses. The Committee continues to improve the ASFPM Insurance Committee webpage with updated and current information. Though the Committee does not get a large volume of calls (and nor are they looking for that), the diversity of the Committee has allowed for most questions to be answered. Goal 5: Provide information and guidance to members on FEMA’s revised forms such as the Elevation Certificate and Flood Hazard Determination Form Objective: Develop a one or two page bulletin regarding frequently asked questions with answers and/or article in ASFPM publications related to new forms or changes in existing ones. Status: Four bulletins were issued that discussed the elevation certificate, Severe Repetitive Loss (from the insurance side), claims handbook and May 2007 changes to the NFIP flood insurance program.

Committee Meeting Minutes and Associated Documents June 12, 2006 Minutes June 12, 2006 Attendees (.xls) ICC Interim Final Rule List of Items - 4/19/2006 CRS Spring, 2006 Update

Committee Correspondence Letter to State Floodplain Managers on FEMA Bulletin on Sever Rep Loss Properties and New Claims Guide 1/07 Letter to State Floodplain Managers on Clarification of Photo Requirements for New Elevation Certificate 11/06 Letter to State Floodplain Managers on FEMA Bulletin on Planned Rate Changes for May, 2007 11/06 Letter to State Floodplain Managers on NFIP Flood Insurance Claims Handbook 9/06 Letter to FEMA Regarding Elevation Certificate Changes 3/06 Letter to Members Regarding Elevation Certificate Changes 10/05 Memo to Members Regarding Insurance Agent Training 10/05 Letter to FEMA Regarding Insurance Agent Training 10/05 FEMA Response Letter to ASFPM Regarding Insurance Agent Training 11/05

Flood Insurance Producers National Committee Minutes October 30, 2006 May 9, 2006 May 5, 2006 November 11, 2005 November 7, 2005 August 15, 2005

Insitute of Business and Home Safety Flood Executive Committee Minutes November, 2006 July, 2006 March, 2006 October, 2005

Links FEMA's NFIP Insurance Claims Handbook (.pdf) 11/06

This page was last updated on September 13, 2007