Homeland Security Statement on New National Flood Insurance Program Pricing Methodology
April 02, 2021
April 02, 2021
WASHINGTON, April 2 -- The U.S. Department of Homeland Security issued the following news release on April 1, 2021:
On the 42nd anniversary of the formation of the Federal Emergency Management Agency (FEMA), Secretary of Homeland Security Alejandro N. Mayorkas released the following statement on Risk Rating 2.0, a bold new update to the National Flood Insurance Program's pricing methodology. This new rating system is fiscally sound, fixes longstanding inequities in flood insura . . .
On the 42nd anniversary of the formation of the Federal Emergency Management Agency (FEMA), Secretary of Homeland Security Alejandro N. Mayorkas released the following statement on Risk Rating 2.0, a bold new update to the National Flood Insurance Program's pricing methodology. This new rating system is fiscally sound, fixes longstanding inequities in flood insura . . .