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Association of State Flood Plain Managers

Association of State Flood Plain Managers Association of State Flood Plain Managers
Association of State Flood Plain Managers
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FEMA News You Can Use
Monday, February 25, 2019

FEMA Chief Brock Long resigns.

FEMA Chief Brock Long resigns. Peter Gaynor will serve as Acting FEMA Administrator: https://www.fema.gov/news-release/2019/02/13/resignation-fema-administrator-brock-long

FEMA Renews its Reinsurance Program by Transferring $1.32 Billion of Flood Risk to the Private Market

Under the Jan. 1, 2019 Reinsurance Agreement, reinsurers agreed to indemnify FEMA for flood losses from individual flood events. FEMA paid a total premium of $186 million for the coverage. The agreement is structured to cover:

  • 14% of losses between $4 billion and $6 billion,
  • 25.6% of losses between $6 billion and $8 billion, and
  • 26.6% of losses between $8 billion and $10 billion.

To date, FEMA has transferred $1.82 billion of the NFIP's flood risk for the 2019 hurricane season to the private sector. This yearly traditional reinsurance placement is in addition to the multi-year capital markets reinsurance placement for $500 million, which occurred in August 2018. Read more here.

FEMA releases its 2018–2022 Strategic Plan is to Build a Culture of Preparedness

The report highlights the vast diversity of American communities and households, indicating that a one-size-fits-all strategy is not well suited to the specific demands of variable and distinctive environments will have to be built one community at a time. Preparedness is a local matter, requiring solutions tailored to different cultural contexts and embraced by communities. Supporting the vision of a resilient nation in the Strategic Plan requires us to think in the plural, in terms of building “Culture(s) of Preparedness.”

National Inventory of Dams Now Available to the Public

The NID is available at http://nid.usace.army.mil and was populated using the 116th congressional district information and all charts, queries and maps reflect the most current NID database. State and federal dam regulators provided their data from May to November 2018 for inclusion in the 2018 database.






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