The North Bend Eagle


 

More info on Biggert-Waters and its affects on flood insurance and housing

by Nathan Arneal
Posted 12/26/13

If you are interested on learning more about the Biggert-Waters act and how it will affect flood insurance rates, here are some more sources:

• A Nov. 16 article from the San Francisco Chronicle talks about how one of Bigger-Waters' original sponsors, Rep. Maxine Waters D-CA, is now sponsoring a bill that would delay premium increases for up to four years, saying "FEMA's poor implementation, inaccurate mapping and incomplete data has led to unreasonable and unimaginable increases in premiums."

• A Nov. 27 report from Harrisburg, Penn., talks about how the local housing marekt will be affected by Biggert-Waters.

• A helpful Q&A about the changes in flood insurance policy made by Biggert-Waters from a law firm.

An overview of the Biggert-Waters Flood Insurance Reform Act of 2012 from FEMA's official website.

• Tracking progress of the House version and the Senate version of the "Homeowner Flood Insurance Affordability Act of 2013," the bill to delay parts of Biggert-Waters.

• The North Bend Eagle's story on Biggert-Waters' affect on the local housing market.

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