The Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12) requires FEMA to take immediate steps to eliminate a variety of existing flood insurance subsidies and calls for a number of changes in how the program operates. The new rates will reflect the full flood risk of an insured building, and some insurance subsidies and discounts…
Aging infrastructure is on life support in many U.S. cities, unable to handle large storm events that drop millions of gallons of water, leading to dangerous flooding, sewer overflows, basement backups and public health and safety concerns. At the same time, suburban sprawl continues to consume more and more green space, which in turn creates…
Edward L. Connor, deputy associate administrator for FEMA’s Federal Insurance, announced Aug. 14 that revisions have been made to the NFIP Flood Insurance Manual, updated with program changes that will become effective Oct. 1, 2014. All of the changes are shown on the enclosed amended pages, and related footers have been modified to reflect the…