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Changes to the NFIP Flood Program
A message from Selective Flood:
NFIP Program Changes Effective April 1, 2016
Over the past several years, the National Flood Insurance Program (NFIP) has undergone many changes. From the implementation of the Biggert-Waters Flood Insurance Reform Act (BW12) in 2012 to the Homeowners Flood Insurance Affordability Act (HFIAA) introduced in 2014, much work has been done in an effort to stabilize the NFIP without heavily impacting policyholder pricing.
Below is a high-level summary of the most recent changes, which take effect April 1, 2016. Click here to access the bulletin.
