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Oct 12
FEMA Releases NFIP Changes

FEMA released the Oct. 1 NFIP changes, including:

  • Revised cancellation refund rules for the surcharge implemented with the Homeowner's Flood Insurance Affordability Act of 2014
  • Reduced federal policy fee for tenants' contents-only policies
  • Updated claims data elements in the Transaction Record Reporting and Processing Plan

Consult FEMA's bulletin for additional details. For more information about flood insurance, visit Big "I" Flood online.

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