Congress must periodically renew the National Flood Insurance Program's (NFIP) statutory authority to operate. On December 3, 2021, the President signed legislation passed by Congress that extends the NFIP authorization to February 18, 2022. Congress must now reauthorize the NFIP by no later than 11:59 p.m. on February 18, 2022. FEMA and Congress have never... Continue Reading →
Congress must periodically renew the National Flood Insurance Program’s statutory authority to operate. On Sept. 30, the President signed legislation passed by Congress that extends the National Flood Insurance Program’s (NFIP’s) authorization to Dec. 3.
FEMA announced a significant investment in climate resiliency by authorizing $3.46 billion in mitigation funding for the 59 major disaster declarations issued due to the COVID-19 global pandemic. With the growing climate change crisis facing the nation, FEMA’s Hazard Mitigation Grant Program (HMGP) will provide funding for states, tribes, and territories to maximize their investment... Continue Reading →
FEMA is conducting a webinar series to introduce the new flood insurance rating system known as Risk Rating 2.0, Equity in Action. This is a four-part series of briefings offered on a rotating schedule that will introduce the fundamentals of Risk Rating 2.0 and the details of the rating methodology this new system will use. The four training sessions are:
FEMA's Hazard Mitigation Assistance (HMA) Division invites you to a webinar that will provide an overview and examples of climate change, future conditions and how nature-based solutions can help build community resilience against these issues. Additionally, panelists from FEMA, The Nature Conservancy, and the National Oceanic and Atmospheric Administration (NOAA) will discuss best practices when considering applications to the Building Resilient Infrastructure and Communities program.
FEMA is updating the National Flood Insurance Program's risk rating methodology through the implementation of a new pricing methodology called Risk Rating 2.0 - Equity in Action. The methodology leverages industry best practices and cutting-edge technology to enable FEMA to deliver rates that are actuarially sound, equitable, easier to understand and better reflect a property's flood risk.
CE credits offered for FREE Insurance Agent training on Risk Rating 2.0: Equity in Action RISK RATING 2.0: EQUITY IN ACTION FEMA is updating the National Flood Insurance Program's (NFIP) risk rating methodology through the implementation of a new pricing methodology called Risk Rating 2.0. The methodology leverages industry best practices and cutting-edge technology to enable FEMA... Continue Reading →
With hurricane season fast approaching, the Federal Emergency Management Agency (FEMA) and its National Flood Insurance Program advise Hawai'i residents to prepare now for hurricane-related storms and flooding.
These workshops are open to all Hawai'i citizens, and will discuss floodplain management principles, the NFIP, and State standards. This training will be useful to community officials, as well as design professionals such as architects, engineers, and surveyors. Take advantage of this FREE training opportunity made possible by FEMA Region 9 in partnership with Hawai'i DLNR.
FEMA’s long-awaited Risk Rating 2.0 rollout is now underway as the agency announced April 1 that NFIP flood insurance policyholders will see a new system calculate their premiums. FEMA should be releasing more details in the coming days on its Risk Rating 2.0 webpage, and ASFPM will pass along any noteworthy information to our stakeholders.
