PRESS RELEASE: ANNUAL RATE INCREASES FOR FLOOD POLICIES ARE TO BE HIGHER THAN EXPECTED

In March of this year, Congress passed the Homeowners Flood Insurance Affordability Act (HFIAA). This act limited the annual allowable rate increase for any policy at 18%. While still high, the annual rate increase allowed under the Biggert-Waters Act were as high as 25% for many.   However, in a bulletin released by FEMA in […]

You must be a member to view this content.  Becoming a member is FREE!  Go to our "Become a Member" page to join now by clicking HERE