The Federal Emergency Management Agency (“FEMA”) is justified in not implementing Community-Based Flood Insurance (“CBFI”), the U.S. Government Accountability Office (“GAO”)...
Does the current regulatory environment pose barriers to growing the private flood insurance market? This was the question the U.S. Government Accountability Office (“GAO”) set out to answer in its...
Just before the June 1 start of the 2016 Hurricane Season, U.S. Senator Marco Rubio (R-Fla.), chairman of the Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard, convened a hearing entitled...
Relying on the state-based insurance regulatory system to oversee the delivery of property insurance coverage for flood insurance by private insurers would be the best way for Congress to move federal government...
Led by Federal Insurance Office Director Michael McRaith, a panel of insurance industry leaders testified in Washington D.C. at a U.S. House of Representatives Financial Services’ Housing and Insurance...
The results of a highly anticipated study undertaken by the United States Senate Committee on Banking, Housing, and Urban Affairs’ (“Committee”) Banking Investigative Group on alleged National Flood...
Florida was among 10 states recently reviewed by the U.S. Government Accountability Office (“GAO”) in an effort to gain a better understanding of states’ approaches to budgeting for disaster costs,...
Florida Insurance Commissioner Kevin McCarty will testify in Washington D.C. on various aspects of insurance regulation in two of three separate Congressional hearings on the topic this week. He begins tomorrow,...
On March 19, 2015, the U.S. Government Accountability Office (“GAO”) reported on legislative proposals and international coordination in regard to financial company bankruptcies. To access the...
In a report to U.S. House Financial Services Committee Ranking Member Maxine Waters (D-CA) today, February 19, 2015, the U.S. Government Accountability Office (“GAO”) reviewed the Federal Emergency...