Federal Emergency Management Agency July 8, 2019 – Federal Register Recent Federal Regulation Documents

National Flood Insurance Program (NFIP); Revisions to Methodology for Payments To Write Your Own (WYO) Companies
Document Number: 2019-14343
Type: Proposed Rule
Date: 2019-07-08
Agency: Federal Emergency Management Agency, Department of Homeland Security
As directed by the Biggert-Waters Flood Insurance Reform Act of 2012, the Federal Emergency Management Agency (FEMA) intends to modify the way it pays private insurance companies participating in the Write Your Own (WYO) Program. FEMA seeks comment regarding possible approaches to incorporating actual flood insurance expense data into the payment methodology that FEMA uses to determine the amount of payments to WYO companies.