flood insurance rules News

Massachusetts Bill Aimed at Reducing Impact of Flood Insurance Rules

Massachusetts lawmakers are considering a proposal aimed at softening the impact of new federal flood insurance rules on many coastal homeowners. The bill, backed by House Speaker Robert DeLeo and Attorney General Martha Coakley, is scheduled for debate on Wednesday. …

New York Senator Asks FEMA to Review Flood Insurance Rules

New York Sen. Kirsten Gillibrand has asked the Federal Emergency Management Agency to review rules that resulted in insurance coverage denials for some Superstorm Sandy victims. Gillibrand’s letter this week came after reports that the National Flood Insurance Program is …

Superstorm Challenges Definition of Basement in New Jersey

Irene Sobolov believes the first floor of her house is just that. The federal government and her insurance company say it’s a basement. The semantics, Sobolov has learned, are very expensive. Sobolov and others whose lower-level apartments or businesses sustained …