U.S. Senator Kay Hagan announced this week that she is co-sponsoring a bipartisan bill to delay steep flood insurance rate increases for North Carolina’s coastal communities. The Homeowner Flood Insurance Affordability Act of 2013 would block implementation of certain provisions in the Biggert-Waters Flood Insurance Reform Act until the Federal Emergency Management Agency (FEMA) completes a study on the affordability of new flood insurance rates and proposes solutions to avoid severe increases. If Congress does not act quickly, steep rate increases could put flood insurance out of reach for as many as 4 million homeowners and businesses across the country.
ATLANTA - March 25, 2013 - (RealEstateRama) -- Graham County, N.C. is now a participating community in the National Flood Insurance Program (NFIP), which means property owners in unincorporated areas of Graham County can purchase federally-underwritten flood insurance
Washington, DC - March 13, 2013 - (RealEstateRama) -- U.S. Senator Kay Hagan today introduced legislation that would fix a decades-old mistake by the U.S. Fish and Wildlife Service that prevents many residents of North Topsail Beach from participating in the National Flood Insurance Program (NFIP). The bill corrects an inaccurate Coastal Barrier Resources Act (CBRA) map that mistakenly designated an area of North Topsail Beach as undeveloped.
Washington, D.C. - January 08, 2012 - (RealEstateRama) -- Congresswoman Virginia Foxx, R-NC, today issued the following statement regarding her vote against H.R. 41, legislation that would increase federal deficit spending by granting additional borrowing authority to the government-run flood insurance program
ROCKY MOUNT, N.C. - November 9, 2010 - (RealEstateRama) -- Repairing or rebuilding a flood-damaged home? Working on ways to make your home more disaster-resistant? Have questions about flood insurance?
CARY, N.C., Nov. 15 /PRNewswire/ -- Doug Malawsky, executive vice president of Horticultural Asset Management, Inc. (HMI), has announced that the company is now...