Search Results: keywords:"community rating system"

  • S. 5199 — To reauthorize the National Flood Insurance Program, and for other purposes.
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    Status:Introduced in Senate
    Words:3,588

    The bill S. 5199, titled the "Fair Flood Protection Act of 2024," aims to reauthorize and stabilize the National Flood Insurance Program (NFIP) in the United States through to 2034. It includes measures to eliminate the Community Rating System, reform the Write Your Own...

    Simple Explanation

    The bill wants to make sure people can still buy special insurance in case floods damage their homes, and it tries to help people who don't have a lot of money pay for it. It also talks about how much companies can get paid to help with this insurance and makes sure everyone knows how much the insurance costs.

  • H. R. 9726 — To require the Administrator of the Federal Emergency Management Agency to develop a flood insurance information tool, and for other purposes.
    Status:Introduced in House
    Words:1,971

    H.R. 9726, titled the "NFIP Premium Transparency Act," requires the Federal Emergency Management Agency (FEMA) to create an online tool for sharing detailed flood insurance information with policyholders. This tool will include data on insurance premiums, property risk factors, and available...

    Simple Explanation

    The bill wants the people in charge of keeping us safe from floods to make a special online tool. This tool will help people understand how much they have to pay for flood insurance and why, kind of like a calculator that tells you about your piggy bank savings.