Search Results for keywords:"flood insurance"

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Search Results: keywords:"flood insurance"

  • Type:Rule
    Citation:86 FR 7509
    Reading Time:about 4 minutes

    The Federal Emergency Management Agency (FEMA) has released a final rule identifying communities under the National Flood Insurance Program (NFIP) that may have their flood insurance suspended due to failing to comply with floodplain management requirements. Communities can avoid suspension if they submit the necessary documentation showing compliance before the suspension date. Information on community statuses can be accessed on FEMA's website, and updates will no longer be published in the Federal Register. The rule exempts certain federal assistance and clarifies regulatory requirements, while FEMA has determined that this action does not warrant environmental, flexibility, or federalism evaluations.

    Simple Explanation

    FEMA is telling some towns they need to follow the rules to stop floods, or they won't be able to get special insurance. If the towns show they've fixed things before a certain date, they'll be okay.

  • Type:Rule
    Citation:86 FR 2558
    Reading Time:about 4 minutes

    The Federal Emergency Management Agency (FEMA) has issued a rule that identifies communities where the sale of flood insurance under the National Flood Insurance Program (NFIP) may be suspended. This suspension is due to noncompliance with floodplain management requirements. If communities adopt the required measures before the suspension date, they will remain eligible for flood insurance. Importantly, after June 2021, suspension notices will no longer be published in the Federal Register but will be available online at FEMA's website. Communities receive multiple notifications before a suspension takes effect, ensuring they have ample opportunity to comply with NFIP requirements.

    Simple Explanation

    FEMA is telling towns they might lose their flood insurance because they didn't follow the rules. If they fix things quickly, they can keep their insurance. Soon, you won't find these notices in a big book but can look them up online instead.

  • Type:Rule
    Citation:86 FR 10837
    Reading Time:about 4 minutes

    The Federal Emergency Management Agency (FEMA) has issued a final rule concerning flood insurance under the National Flood Insurance Program (NFIP). The rule specifies that certain communities, which have not complied with floodplain management requirements, are scheduled for suspension, meaning they will lose access to NFIP flood insurance unless they meet the necessary regulations before the specified dates. FEMA provides a resource at fema.gov for individuals to verify the participation status of their community. The rule clarifies that notifications have been given to communities, and suspensions will take effect barring required compliance.

    Simple Explanation

    FEMA is telling towns they need to follow the rules for dealing with floods to keep getting special flood insurance, and they can check online to see if they're following the rules, but people without the internet can still get help by asking their local flood experts.

  • Type:Notice
    Citation:86 FR 12011
    Reading Time:less than a minute

    On January 12, 2021, FEMA published a proposed flood hazard determination notice in the Federal Register that mistakenly included an incorrect table. The March 1, 2021, notice corrects this previous error, now providing the accurate proposed flood hazard determinations for Rice County, Minnesota, and its incorporated areas. For more details, individuals can contact Rick Sacbibit at FEMA or visit the FEMA Mapping and Insurance eXchange (FMIX) online.

    Simple Explanation

    FEMA made a mistake in listing areas that might flood in Rice County, Minnesota, and now they've fixed it with the right information.

  • Type:Rule
    Citation:86 FR 7493
    Reading Time:about 10 minutes

    The Federal Housing Finance Agency (FHFA) has issued a final rule to adjust civil money penalties for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act. This rule is applied to various penalties under FHFA’s purview, including those related to flood insurance and program fraud. The adjustments are calculated based on changes in the Consumer Price Index for All Urban Consumers (CPI-U). The adjustments are mandated by law, and the FHFA has determined it does not need to seek public comments on this rule.

    Simple Explanation

    The Federal Housing Finance Agency made a new rule to adjust money penalties (fines) that they oversee, to keep up with how prices change over time, like keeping a balloon filled with air as it stretches. These changes happen because the law says they must, and they didn't ask people for their opinions this time.

  • Type:Rule
    Citation:86 FR 9023
    Reading Time:about 4 minutes

    The Federal Emergency Management Agency (FEMA), part of the Department of Homeland Security, has issued a final rule listing communities that are scheduled for suspension from the National Flood Insurance Program (NFIP) because they have not met required floodplain management measures. If these communities comply with regulations before the suspension date, the suspension will be lifted, allowing them to keep their flood insurance. This rule also states that information about the participation status of these communities will soon be available only online, as it will cease to be published in the Federal Register after June 2021. The suspension affects the ability to buy flood insurance and access certain federal funds for communities not adhering to flood management requirements.

    Simple Explanation

    FEMA is telling some towns that they might lose their flood insurance because they didn't follow the rules to keep floods from causing trouble, but if they fix things before the deadline, they can keep their insurance. People will have to check online to see if their town is doing okay because they won't send letters anymore.

  • Type:Notice
    Citation:89 FR 101032
    Reading Time:about 3 minutes

    On October 30, 2024, FEMA issued a notice in the Federal Register about proposed flood hazard determinations for Freestone County, Texas, but the notice contained an error in a table regarding the community map repository for the Town of Kirvin. This new notice corrects that mistake and provides the accurate information. Communities can inspect the updated Preliminary Flood Insurance Rate Map and Flood Insurance Study report online or at specified addresses. Feedback on these corrections can be submitted by March 13, 2025.

    Simple Explanation

    FEMA wanted to share information about which parts of a place in Texas could have floods, but they put a mistake in their map details. Now they've fixed it, so everyone can check the correct information about flood risk and share their thoughts by next March.