Halting and/or delaying the increased cost of FEMA flood Insurance is NOT a solution, it is just another example of KICKING A $27 BILLION DOLLAR CAN DOWN THE ROAD.
JUST, another example of a delay, to give congress time to create another arbitrary solution and create legislation to make all American taxpayer’s financially responsible for someone else’s personal problem.
What difference does it make?
The American taxpayer is damned if congress does and the American taxpayer is damned if congress does not
In July 2012, the U.S. Congress passed the BIGGERT–WATERS FLOOD INSURANCE REFORM ACT OF 2012 (BW-12) which calls on the Federal Emergency Management …
We were financially damned when they passed the Reform ACT in 2012 when FEMA was ONLY $18 Billion dollars underwater.
We were financially damned with the additional $7 billion dollar cost of Hurricane Sandy to FEMA
We are financially damned here and now Feb 26, 2014
They said FEMA IS $24 BILLION Dollars under water?
He said FEMA IS $27 BILLION Dollars under water?
whether congress delays the July 2012, the U.S. Congress passed the BIGGERT–WATERS FLOOD INSURANCE REFORM ACT OF 2012 (BW-12) , spreads it out, it or not
And indeed we are damned by the FEMA flood insurance REMAPS
Using broad purple marking pens? running purple lines around every piece of land that’s near or touching water? rather than using available scientific resources.
The private property owner is arbitrarily judged GUILTY by FEMA, until they can prove at their own expense, that their property IS NOT IN A FLOOD PLAIN
Rep. Kilmer has suggested that FEMA? reimburse homeowners who successfully appeal flood maps, and create a consumer advocate to help homeowners who have flood insurance and mapping concerns.
Sen. Landrieu blasts White House for opposition to bill delaying flood insurance premium increases http://www.nola.com/politics/index.ssf/2014/01/sen_landrieu_blasts_white_hous.html
Updated January 28, 2014 at 2:44 PM
“Delaying implementation of these reforms would further erode the financial position of the National Flood Insurance Program, which is already $24 BILLION IN DEBT,” the Office of Management and Budget said on behalf of the White House
“The flood insurance program is $27 BILLION IN DEBT,” Sen. Pat Toomey, R-Pa., said Monday. “I recognize that some flood insurance rate increases under Biggert-Waters could be painful to certain homeowners.
WASHINGTON — Sen Mary Landrieu . , D-La., Tuesday sharply criticized what she called theObama administration’s “short-sighted, misguided and irresponsible” opposition to legislation delaying flood insurance premium increases for four years.
Though the statement of administration policy didn’t include a veto threat, Landrieu said the White House’s position, “threatens the very foundation of the National Flood Insurance Program and will only saddle taxpayers with higher costs when disasters strike.”
Just before the White House policy statement was released the Senate voted 86-13 to begin debate on legislation that would delay most increases resulting from the 2012 Biggert-Waters Act so, sponsors say, FEMA can complete an affordability study and Congress can work to insure that policyholders don’t face unaffordable flood insurance premiums. The bill’s sponsors said people will be priced out of the flood insurance program if premium increases contemplated by FEMA under Biggert-Waters are implemented — putting taxpayers on the line to help out homeowners devastated by future hurricanes and storms.
“How this Administration thinks it can ‘ensure that economically distressed policyholders are not unduly burdened’ before it completes the affordability study or certifies that its maps are accurate and reliable is completely mind-boggling,” Landrieu said. “That is exactly the kind of backward and upside-down thinking that got us into this mess in the first place.”
In its statement Monday night, The White House expressed concern about the fiscal impact of the delays on the National Flood Insurance Program.
“Delaying implementation of these reforms would further erode the financial position of the National Flood Insurance Program, which is already $24 billion in debt,” the Office of Management and Budget said on behalf of the White House. “This delay would also reduce FEMA’s ability to pay future claims made by all policyholders.”
Former Sen. J. Bennett Johnston, D-La., who knows a little bit about presidential maneuvering, said he doesn’t see the White House statement blocking the legislation.
“It’s not a setback. If it costs money, they (Office of Management and Budget aides) have to be against it,” Johnston said. But they know how to issue a veto threat, and there is none here. They wouldn’t dare do that to Mary in an election year.”
Johnston also suggests the bill will also pass the House, despite opposition from some influential Republicans, possibly with a modification such as a three-year delay in rate hikes instead of the four-year delay in the current Senate bill. “They don’t want to kill their own Senate candidate,” Johnston said of Rep. Bill Cassidy, R-Baton Rouge, the GOP’s top challenger to Landrieu.
The Biggert-Waters law was passed by large margins, and won the votes of every Louisiana congressional member. But news of large rate increases facing their constituents has led to efforts to at least delay the increases so Congress can come up with a permanent fix. Landrieu, who is up for re-election in 2014, said she voted for Biggert-Waters because it was incorporated into a large omnibus bill that included legislation to funnel Clean Water Act fines from the 2010 BP oil spill to the Gulf CoStill, she spoke out against the bill during Senate debate, warning Congress would have to reconsider the issue soon to fix the obvious problems with the law — mainly, in her view, its failure to consider affordability a key factor in whether people will sign up for flood insurance.
“I know the President is coming to the Capitol tonight to talk about expanding opportunities for the middle class,” Landrieu said. “He can start by joining our strong, deep and broad coalition’s efforts to support the millions of families and businesses that are on the edge of losing everything they have worked for through no fault of their own.”
“They wouldn’t dare do that to Mary in an election year,” former Sen. J. Bennett Johnston on why Obama won’t veto flood insurance bill.
The Obama administration statement said that “FEMA is working diligently with the National Academy of Sciences to conduct a study on insurance affordability for economically distressed policyholders.”
“The Administration recognizes that many policyholders may be challenged financially by the new rates and remains committed to working with the Congress to develop approaches that ensure economically distressed policyholders are not unduly burdened while maintaining the financial stability of the NFIP,” the statement said.
The statement didn’t express outright opposition to the legislation, as some previous statements on other bills have.
Cassidy, Landrieu’s leading opponent in the 2014 Senate race, also criticized the White House statement.
“It is disappointing that the President does not understand that how FEMA is interpreting Biggert-Waters is contributing to the unaffordability of flood insurance,” Cassidy said. “Millions of homeowners, including many Louisianans, are suffering due to FEMA’s implementation of the Biggert-Waters Act.”
Congress recently passed a bill sponsored by Cassidy that delays some of the increase through Sept. 30, 2014. But he says a more comprehensive bill is needed, particularly to help people who are faced with immediate increases if they sell their homes. It has made some homes unsellable, according to realtors.
Michael Hecht, president and CEO of Greater New Orleans, Inc. and a leader of the nationwide Coalition for Sustainable Flood Insurance, also criticized the White House opposition.
“On the eve of the State of the Union, an address that will reportedly focus on ‘the middle class, the economy and economic fairness,’ it is inexplicable that the Administration and FEMA have come out with a statement opposing common-sense delays to out-of-control flood insurance premiums,” Hecht said.
The Senate could vote on the bill delaying premium increases for four years, and several amendments, including one by Sen. Pat Toomey, R-Pa., by Wednesday night or Thursday morning. His amendment would eliminate the four-year delay in rate hikes, and instead phase in rate increases at 25 percent of existing rates each year for four years. Under Biggert-Waters, the annual increases are either 20 or 25 percent of the difference between the current rate and the anticipated new rate resulting from the Biggert-Waters changes.
“The flood insurance program is $27 billion in debt,” Toomey said Monday. “I recognize that some flood insurance rate increases under Biggert-Waters could be painful to certain homeowners. That’s why I suggest a slower phase-in for rate increases triggered by a home sale and for properties most dramatically affected by remapping.”
The 86 votes to begin debate on the delaying legislation showed how the flood insurance rate increases resulting from Biggert-Waters had drawn concern across the United States. Still, there’s some strong opposition. Thirteen senators, all Republicans, voted against allowing debate to begin: Sens. John Barrasso, R-Wy.; Tom Coburn, R-Ok.; Bob Corker, R-Tenn.; Mike Crapo, R-Idaho; Mike Enzi, R-Wy.; Dean Heller, R-Nev.; James Inhofe, R-Ok.; Mike Lee, R-Ut.; Jerry Moran, R-Ks.; Rand Paul, R-Ky.; Pat Roberts, R-Kan.; and Richard Shelby, R-Ala. Sen. Tom Harkin, D-Iowa., did not vote.
Landrieu used her remarks on the Senate floor, to say that Pennsylvania is having more flood insurance remaps, 1,425, than any other state — meaning his constituents will be among the most impacted by Biggert-Waters.
And, then there is this
Is FEMA shortchanging Hurricane Sandy victims?
Wednesday, February 12, 2014
NEW YORK (WABC) — The agency whose mission is to help speed recovery after disastrous storms may in fact be preventing families left homeless by Sandy from rebuilding.
Our investigation has found that on Long Island FEMA appears to be undercutting on insurance claims leaving families no better off than they were days after the 2012 storm.
Nearly a year-and-half after Sandy, Kathy Gullo still lives in a trailer. What was left of her home, she had torn down after 4 different engineering inspectors came to the same conclusion: it should be demolished and rebuilt.
Hoffer: Engineer after engineer, said it is less costly and safer if you rebuild? Gullo: Than try to fix it. Hoffer: Everyone except for the insurance company? Gullo: Except for the insurance company.
Although she had coverage for $300-thousand dollars in flood damage, she only received $138-thousand dollars from FEMA’s Flood Insurance Program which pays the vast majority of Sandy flood claims.
“We’ve been trying to get them to understand that they didn’t do the right thing and we’re waiting for more money before we can even start,” Gullo said.
Hoffer: I can put my hand in this crack. I can see outside. Peter Mastrandrea: Yeah.
Two engineer reports blame the “flood surge” for cracking Peter Mastrandrea’s foundation making his home in Massapequa ”unsafe for habitation,” but FEMA’s engineer found the cracks were not caused by pre-existing conditions. FEMA agreed to pay Peter $46-thousand.
Mastrandrea: It’s criminal. Hoffer: You thought you were covered? Mastrandrea: Evidently I wasn’t. Neither were thousands of other people.
Christa Higbee of Wantaugh had to use her entire 401k retirement money to fund repairs to her home after FEMA insurance gave her $70-thousand dollars for what was nearly $300-thousand in damages.
Hoffer: You whole floor is ruined? Higbee: Demolished everything. We won’t be retiring forever. I’m sure of it because of this.
These stories and those of many other families we’ve spoken to suggests FEMA is underpaying on claims on a massive scale. David Charles worked as an adjuster for 36 years. He’s now an advocate for homeowners and he says the underpayment on Sandy claims by FEMA is the worst he’s ever seen.
“These people have had their rug pulled out from under them by all kinds of tricky techniques to not pay claims. It’s just wrong,” Charles said.
HE’S CONVINCED FAMILIES DISPLACED BY SANDY ARE PAYING FOR THE SINS OF KATRINA IN WHICH LAX OVERSIGHT LED TO HUGE WASTE THAT HAS LEFT FEMA’S FLOOD INSURANCE PROGRAM $24 BILLION DOLLARS IN THE RED.
Inserted documentation on Hurricane Katrina
THE HURRICANE SURGE PROTECTION FAILURES IN NEW ORLEANS ARE CONSIDERED THE WORST CIVIL ENGINEERING DISASTER IN U.S. HISTORYand prompted a lawsuit against the US Army Corp of Engineers (USACE), the designers and builders of the levee system as mandated by the Flood Control Act of 1965 RESPONSIBILITY FOR THE FAILURES AND FLOODING WAS LAID SQUARELY ON THE ARMY CORPS IN JANUARY 2008 BY JUDGE Stanwood Duval , U.S. DISTRICT COURT, BUT THE FEDERAL AGENCY COULD NOT BE HELD FINANCIALLY LIABLE BECAUSE OF Sovereign Immunity IN THE Flood Contro lAct act of 1928 There was also an investigation of the responses from federal, state and local governments, resulting in the resignation ofFederal Emergency Management Agency (FEMA) director Micheal D. Brown and of New Oeleans Police dept. (NOPD) Superintendent Eddie Compass
Release date: October 22, 2012 Release Number: DR-1603/07 – 986
To date, FEMA has obligated approximately $6.4 billion in public assistance funding for Katrina and Rita related recovery work throughout the city of New Orleans.
The actual cost of Hurricane Katrina’s damage http://useconomy.about.com/od/grossdomesticproduct/f/katrina_damage.htm
The Louisiana death toll was 1,836 people. Old age was a contributing factor, since 71% of those who died were 60 years or older, while nearly half of those were more than seventy-five. Sadly, at least 68 were found in nursing homes, possibly abandoned by their caretakers. After the disaster, nearly 200 bodies were left unclaimed. Over 700 people were unaccounted for. The storm killed or made homeless 600,000 pets. (Source: HurricaneKatrinaRelief.com, Fox Facts )
The actual cost of Hurricane Katrina’s damage was between $96-$125 billion, with $40-$66 billion in insured losses. Half of these losses were a result of flooding in New Orleans. An estimated 300,000 homes were destroyed or otherwise made uninhabitable.
If FEMA only paid out $6.4 Billion? Who else covered the balance of the $40-$66 billion in insured losses?
Eyewitness News NEW YORK (WABC) –continued
“Real injustice. The financial ruin for many families that just don’t deserve it and believed that they had good coverage,” he said.
Our investigation has found that the average claim payment by FEMA to New Yorkers for Sandy damages is $64-thousand dollars. That’s around the same amount as this couple received from FEMA even though the cost to repair all the damage to their home is estimated at $240-thousand dollars.
“We had a false sense of security that we had homeowners and flood insurance and in the events of something like this they would make good and help us rebuild and instead 15 months later we are homeless,” Richard Santeramo of Wantaugh said.
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