March 16, 2023
Prior NFIP Claims History Rating Factor in Risk Rating 2.0
By News Editor
Premiums for all buildings identified as Severe Repetitive Loss (SRL) properties currently include a 15% SRL Surcharge.
March 3, 2023
ASFPM’s Detailed Priorities for FY2023 NFIP Reauthorization and Reform
By News Editor
In our continued efforts to push for significant reform and long-term NFIP reauthorization, ASFPM has put together a detailed priority list of what it hopes to see happen with the federal flood insurance program in FY2023
February 13, 2023
Report: Insurance for Climate-Related Disasters Needs to Expand
By News Editor
Report examines the role of insurance in recovery and provides a framework for how insurance for climate-related disasters can be made more inclusive.
January 24, 2023
Updated CRS Report Makes Recommendations on NFIP Affordability
By News Editor
A central question in any reform of the NFIP is who should bear the costs of floodplain occupancy in the future: individual policyholders (the insured), federal taxpayers, uninsured flood victims, or some combination of these.
October 6, 2022
FEMA Releases Latest Edition of the National Flood Insurance Program Manual
By News Editor
Most of the updates incorporated in this release were provided earlier to industry through the monthly Underwriting Guidance Updates (UGUs), issued November 2021 through June 2022.
March 7, 2022
Upcoming Webinars for Navigating Risk Rating 2.0: Phase II – Renewals
By News Editor
Beginning April 1, 2022, all NFIP policies will be priced under Risk Rating 2.0 at their next renewal. Attend one of these upcoming webinars from FEMA to learn how to transition existing policies.
November 3, 2021
FEMA to Host Public Meetings for Comment about Minimum Floodplain Management Standards
By News Editor
Whether you submit your comments verbally or in writing, ASFPM encourages all members to weigh in on this important topic.
May 24, 2021
Berginnis Testifies at NFIP Reauthorization Hearing, Makes the Case for Transformative Reform
By News Editor
In a Senate Committee hearing, Berginnis provided testimony on the importance of NFIP to helping families and communities become more resilient to flooding and offered recommendations on how it can be strengthened to better address current and future flood risk and ensure greater equity.