National Flood Insurance Program Changes Explained

After introductory remarks by Congressman Joe Courtney and Connecticut REALTORS® President Debra Chamberlain, Bob Desaulniers, Regional Insurance Specialist from FEMA, Congressman Joe Courtney (left) and Debra Chamberlain, CTR President 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 […]

President Signs Flood Rate Bill

In 2012, REALTORS® worked together to obtain a five-year extension of the National Flood Insurance Program. Afterwards, REALTORS heard from clients about exorbitant rate hikes and wildely inaccurate rate quotes in the program. REALTORS were first to report the problems and NAR worked with friends on Capitol Hill to introduce legislation to delay rate hikes […]

Senate Passes Flood Insurance With House Amendments

On March 13, 2014, the United States Senate voted 72-22 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370). Read more… Flood Insurance Premium Rates – At a Glance Passage of the bill will also assist Eastern Connecticut commercial real estate. Watch an NAR video about the impact on commercial real estate at […]

Realtors® Praise Senate Passage of Bill to Delay Flood Insurance Rate Increases

WASHINGTON (January 30, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “The Homeowner Flood Insurance Affordability Act, S. 1926, passed by the Senate this afternoon is the time-out Realtors® first advocated when dramatic flood insurance premium increases went into effect on October 1, 2013. Read more..

Realtors® Applaud Bipartisan Legislation to Delay Flood Insurance Rate Increases

Flood insurance is an important factor in the sale of homes in Eastern Connecticut along the shoreline and on rivers and streams. The following is an October 30, 2013  statement by National Association of Realtors® President Gary Thomas: “The bipartisan ‘Homeowner Flood Insurance Affordability Act’ introduced today in the Senate by Sens. Robert Mendendez, D-N.J.; […]