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The House That Flood Built

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The House That Flood Built - 7/3/2006 1:23:28 AM   
JimWil


Posts: 19
Joined: 11/15/2004
Home base: Denton Texas
Status: offline 		This past Tuesday, the U.S. House passed H.R. 4973, the Flood Insurance Reform and Modernization (FIRM) Act of 2006.

The bill contains a number of reforms included in the legislation are:

Increasing the National Flood Insurance Program (NFIP) borrowing authority to $25 billion

Increasing funding for flood map modernization

Increasing the maximum coverage limits

Optional business interruption coverage

Additional living expenses coverage

Optional replacement cost coverage for contents

Optional finished basement coverage

< Message edited by JimWil -- 7/3/2006 1:31:36 AM >
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RE: The House That Flood Built - 7/3/2006 1:26:57 AM   
PORTASATGUY


Posts: 338
Joined: 9/15/2005
Home base: Homeless
Status: offline 		is there a internet link that you know of for this Bill that has passed?

_____________________________

R. Estes
Life is short LIVE IT!



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RE: The House That Flood Built - 7/3/2006 1:45:06 AM   
JimWil


Posts: 19
Joined: 11/15/2004
Home base: Denton Texas
Status: offline 		Yes, there are several.....

A link to the bill as passed at the Library of Congress
http://thomas.loc.gov/cgi-bin/query/D?c109:3:./temp/~c109rdIKLC

From the Claimsguides
http://www.claimsguides.com/news/national/2006/05/26/68889.htm

From the National Association Of Mutual Insurance Companies
http://www.namic.org/newsreleases06/060627nr1.asp

From the Insurance Newsnet
http://www.insurancenewsnet.com/article.asp?a=top_pc&lnid=401221485

I find it all very exciting...


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