More info on Biggert-Waters and its affects on flood insurance and housingby Nathan Arneal 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. <<Back to the front page |