Filed Under:Markets, Personal Lines

Florida, FEMA Working on Deal to Prevent NFIP Suspension in State

NU Online News Service, April 13, 12:10 p.m. EDT

A tenuous truce has been forged between federal and Florida emergency-management officials over a bill passed by the Florida legislature that could potentially leave 2.06 million property owners in the state without flood insurance just as the hurricane season nears its peak in July.

The statement adds, “As long as this course of action can be effectively enforced, it will resolve the potential conflict created by House Bill 503.” 

The Florida-regulatory comment to FEMA was that, in its view, while the proposed law bars counties and municipalities from requiring any state or federal permits as a precondition for processing a development permit, there is separate language in the bill that allows local governments to require all other applicable permits be secured before construction actually starts.

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