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The National Association of Counties Joins Senators in Capitol Hill Press Conference to Support Flood Insurance Affordability Bill


Posted Date: 
January 8, 2014
Contact: 
Julie Ufner, Associate Legislative Director, National Association of Counties

On January 7, NACo President Linda Langston (commissioner, Linn County, Iowa) and NACo Second Vice President Sallie Clark (commissioner, El Paso County, Colo.) participated in a bipartisan press conference in the U.S. Capitol on the Homeowner Flood Insurance Affordability Act, S. 1846. This measure, introduced in December in response to the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12), would delay certain premium increases required by BW-12 until the Federal Emergency Management Administration (FEMA) can complete an affordability study and Congress can consider the recommendations of that study.

BW-12, which was signed into law on July 6, 2012, was intended to address the insolvency of FEMA's National Flood Insurance Program (NFIP). However, implementation of BW-12 resulted in dramatically increased annual premiums for flood insurance in FEMA's designated special hazard areas. 

FEMA flood maps exist in every state across the nation, and as FEMA moves forward with modernizing flood map zones, more areas will be mapped into these special hazard zones. Premium increases have become effective in a number of coastal and inland states, and if S. 1846 is not implemented, more homeowners and business owners across America will see drastic flood insurance premium increases. Similar legislation has been introduced in the House (H.R. 3770) and currently has 172 co-sponsors.

NACo supports efforts to adopt and implement risk reduction and mitigation measures related to actual natural disaster risks, as well as a sustainable, fiscally responsible National Flood Insurance Program (NFIP) that protects the businesses and homeowners who built according to code and have followed all applicable laws. NACo urges Congress to amend the Biggert-Waters Act to keep flood insurance rates affordable while balancing the fiscal solvency of the program. NACo also urges Congress to reinstate grandfathering of properties (not policies) that were built to code, have maintained insurance or have not repeatedly flooded, and to implement rate structures that reflect economically reasonable rates.

Click the links above to view NACo's letter in support of S. 1846 as well as the bill text for S. 1846.

Julie Ufner | jufner@naco.org | (202) 942-4269