Bill Could Stem Tide of Flood Insurance Premiums for Some

  By Andrew Taylor – WASHINGTON — Homeowners worried that new federal flood maps will send their flood insurance premiums skyrocketing would get some short-term relief under a provision tucked into a massive government-wide funding bill. But other changes to the federal flood insurance program, including higher premiums on businesses, vacation homes and frequently flooded properties…

REALTORS® Demand Immediate Relief for Homeowners Impacted by Increases in Flood Insurance Premiums

Homeowners across the country should not be forced to pay for the sudden and dramatic flood insurance premium increases that are the unintended consequence of the Biggert-Waters Flood Insurance Reform Act of 2012, insisted the National Association of REALTORS® in testimony before the U.S. House Financial Services Subcommittee on Housing and Insurance. “We need a…