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Posts Tagged ‘flood insurance’

Senate approves 60-day extension of federal flood insurance program

WASHINGTON — Sen. Thad Cochran (R-Miss.) issued the following statement following Senate approval of a 60-day extension of the National Flood Insurance Program (NFIP) in conjunction with an agreement to begin debate on a long-term reauthorization measure in June: “I am pleased an agreement has been reached that will allow a short extension of the [...] [...]

House passes bill to enforce federal floodplains codes

JACKSON — The Mississippi House has approved a bill to allow local governments to enforce federal floodplains codes at hunting and fishing camps and remain in the National Flood Insurance Program. The bill would remove the hunting- and-fishing-camp exemption from floodplains regulations. The bill was held for the possibility of more House debate. Similar bills [...] [...]

Wind Pool board heads overseas for low reinsurance rates

MISSISSIPPI GULF COAST — Members of Mississippi’s wind pool board are in London this week to seek low reinsurance rates — a key factor in the cost of policyholders’ premiums. The Mississippi Press reports that the board left Saturday and are expected to return Friday. The Mississippi Windstorm Underwriting Association is the insurer of last [...] [...]

City officials lobbying for change in flood codes (access required)

PASCAGOULA — Pascagoula officials are asking lawmakers to amend a state law and allow local governments to enforce federal floodplain codes at hunting and fishing camps so they can qualify for the National Flood Insurance Program. City attorney Eddie Williams tells the Mississippi Press the change is required because the state’s exemption on such properties [...] [...]

Court overturns judgment in wind-versus-water case lawsuit

PASCAGOULA — The Mississippi Supreme Court has overturned a judgment for an insurance company in a wind vs. water case involving a Pascagoula home hit by 6.3 feet of storm surge during Hurricane Katrina in 2005. The National Flood Insurance Program paid Michael Robichaux and his wife, Mary, who has since died, policy limits for [...] [...]

FEMA seeking comments on ‘levee-inclusive’ method

WASHINGTON — U.S. Senators Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.), are encouraging community leaders, engineers and people in flood-prone areas to assess and then comment on a new “levee-inclusive” risk assessment process that will replace the “without levee” method criticized by the lawmakers earlier this year. The Federal Emergency Management Agency has opened a [...] [...]

Senators urging peers to overturn flood insurance provision

WASHINGTON — U.S. Senators Thad Cochran (R-Miss.) and Mark Pryor (D-Ark.) have launched an effort to convince their colleagues to overturn a provision in Senate legislation that would require federal flood insurance coverage in areas already protected by levees, dams or other flood control structures. Cochran and Pryor are asking their colleagues to join them [...] [...]

Hood: State risks being cut out of NFIP

JACKSON — Attorney General Jim Hood is requesting the help of Mississippi’s congressional delegation in asking for a federal waiver of the Federal Emergency Management Agency’s (FEMA) flood mitigation ordinance for hunting and fishing camps. A recent opinion by the Attorney General’s Office highlights a conflict between state law and FEMA regulations. The opinion recognizes [...] [...]

FEMA extends NFIP deadline for flood victims

WEST MISSISSIPPI — Mississippi flood policyholders insured through the National Flood Insurance Program and affected by the April and May flooding of the Mississippi River and its tributaries have been granted a 30-day extension to the deadline for filing a proof of loss statement with their insurer. National Flood Insurance Program policyholders are given 60 [...] [...]

Lawmakers want recommendations on reforming NFIP (access required)

by For the MBJ Published: April 19,2011

Tags: disasters, flood insurance, floods, homeowners insurance, homes, insurance, real estate, severe weather, Weather

WASHINGTON — U.S. Senators Roger Wicker (R-Miss.) and Thad Cochran (R-Miss.) have called for the Federal Emergency Management Agency (FEMA) to offer lawmakers its recommendations for reforming the National Flood Insurance Program (NFIP), which needs to be reauthorized this year. In a letter to FEMA Administrator Craig Fugate, the senators requested FEMA provide these recommendations [...] [...]

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