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 ...
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 ...
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 ...
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 ...
A Guide to Changes in the National Flood Insurance Program
Many properties in eastern Connecticut are near bodies of water. What effect will the changes to the NFIP have on property values in Eastern Connecticut? The answer is not clear at this time but ECAR will be studying the issue. ...
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 ...