After introductory remarks by Congressman Joe Courtney and Connecticut REALTORS® President Debra Chamberlain, Bob Desaulniers, Regional Insurance Specialist from FEMA,
spoke at a forum hosted by Congressman Courtney in Groton on September 24, 2014 to discuss the National Flood Insurance Program’s (NFIP) implementation of the Congressionally mandated reforms required by the Homeowner Flood Insurance Affordability Act of 2014 that repeal and modify the Biggert-Waters Flood Insurance Reform Act of 2012.
The new law:
– Changes flood insurance rates
– Affects business owner policies
– Provides premium refunds for some
Read the fact sheets provided at the forum that discuss these changes.
For additional flood insurance information go to http://www.floodsmart.com
The event was attended by many eastern Connecticut REALTORS® and other REALTORS® from throughout Connecticut as well as lenders, appraisers and insurance agents.