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NFA Submits Letter on NY State Assembly Regarding Bill to Limit Flood Insurance Requirements for Mortgagees
The NFA submitted a letter to the New York State Assembly to provide recommendations and support for clarification of NY Assembly Bill AB8030. View the letter here.
NFA News Editor
2 days ago1 min read
NFA Joins Industry Coalition in Support of the Federal Flood Mapping Program
The NFA has joined 10 other leading trade organizations in support of the Federal Emergency Management Agency’s (FEMA) Flood Hazard Mapping Program. Click here to read the submitted letters.
NFA News Editor
Mar 311 min read
FEMA Sets the Record Straight Regarding Community Resilience Program
Following claims that FEMA's Community Rating System (CRS) Program had halted or was experiencing delays in implementation, FEMA issued an official response to these claims, reassuring stakeholders that the CRS program continues to be supported. Review and download the press release here.
NFA News Editor
Mar 261 min read
House Financial Services Committee Hearing: Mitigation and Multiple Loss Properties: Factors Influencing the High Cost of Flooding
The March 26, 2026 House Financial Services Subcommittee hearing addressed the high cost of flooding, focusing on the National Flood Insurance Program's (NFIP) $22.5 billion debt and the disproportionate impact of repetitive loss properties. Witnesses highlighted that 2.5% of policies cause 48% of claims, driving the need for better mitigation, updated mapping, and potential reforms for severe repetitive loss properties. For an overview of the hearing proceedings, click here.
NFA News Editor
Mar 261 min read
FEMA Announces $1 Billion in Federal Funding to Help States Mitigate Impact of Disasters
FEMA announced on March 25th that the Building Resilient Infrastructure and Communities (BRIC) program will be reinstated and supported by $1 billion in federal funding. The BRIC program is available to states, local governments, territories and Tribal Nations, empowering them to take decisive, proactive steps to protect their communities from potential disasters like fires, floods, earthquakes and hurricanes. To view and download the press release, click here.
NFA News Editor
Mar 251 min read
Trade organizations unite to call on congress to renew NFIP program.
The NFA has joined 13 other leading trade organizations in the flood industry to call for Congress to prioritize the reauthorization and future stability of the National Flood Insurance Program (NFIP). A lapse in NFIP's is highly disruptive to mortgage and commercial lending, to flood hazard communication and to the crucial flood insurance coverage upon which millions of citizens rely. Our organizations stand in support of a viable NFIP and a multi-year reauthorization of t
NFA News Editor
Dec 3, 20251 min read
FEMA's New Direct-to-Consumer Quoting Tool - November 18, 2024
FEMA announced today that their Direct-to-Consumer (D2C) Quoting Tool is now live and accessible on the FloodSmart.gov website . What...
NFA News Editor
Nov 21, 20241 min read
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