The other day I was searching for anything new or any updates with respect to the 2012 Biggert Water Flood Insurance Reform Act. During my quest I stumbled across some resources provided by the FEMA website. Although I haven’t gone through each document with a fine tooth comb, the document titled, “Timeline:…”,could be useful in making sense of the what, where, when and how of flood insurance premium increases. If you haven’t already, at some point you’re going to get a call from your loan customers who are required to maintain flood insurance asking about this. It’s a good idea to prepare now. Good luck!
Published
2013/06/24
Jerod Moyer