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To reauthorize and improve the national flood insurance program, and for other purposes.

USA115th CongressHR-1423| House 
| Updated: 3/8/2017
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
National Flood Insurance Program Reauthorization and Improvement Act of 2017 This bill amends the National Flood Insurance Act of 1968 to extend the National Flood Insurance Program (NFIP) through FY2027. Every policy issued under NFIP must include documents describing the type of loss covered, a summary of the costs of the policy, and an explanation of the policy's parameters. The Federal Emergency Management Agency (FEMA) is directed to establish a program for "Write Your Own" companies (a company that writes and services federal standard flood insurance policies in its own name) to investigate preexisting structural conditions in properties. Participation in this program shall be voluntary. In the event a policyholder prevails in a lawsuit regarding claims against an insurance company or FEMA, the court may award litigation costs. Costs of an administrative appeal shall be awarded to a prevailing claimant. Engineers providing services in connection with NFIP must be certified by FEMA and be professionally licensed as an engineer. FEMA must establish a publicly searchable online registry of companies and individuals providing services related to NFIP. The bill establishes criminal and civil penalties for committing fraud or making false statements in connection with NFIP. The bill establishes whistleblower protections for individuals performing tasks related to NFIP, including federal employees, Write Your Own employees, and third-party administrators and service providers. It is unlawful for Write Your Own companies to violate the independence of a provider of engineering services in connection with flood insurance coverage. The Government Accountability Office must report on: (1) the effects of global warming on NFIP solvency, and (2) Hurricane Sandy claims handled by Write Your Own companies.
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Timeline
Mar 8, 2017
Introduced in House
Mar 8, 2017
Referred to the House Committee on Financial Services.
Jun 15, 2017

Latest Companion Bill Action

S 115-1368
Introduced in Senate
  • March 8, 2017
    Introduced in House


  • March 8, 2017
    Referred to the House Committee on Financial Services.


  • June 15, 2017

    Latest Companion Bill Action

    S 115-1368
    Introduced in Senate

Finance and Financial Sector

Related Bills

  • HR 115-7187: National Flood Insurance Program Further Extension Act of 2018
  • S 115-3670: A bill to reauthorize the National Flood Insurance Program.
  • S 115-3703: A bill to reauthorize the National Flood Insurance Program.
  • HR 115-6922: To amend the Labor-Management Reporting and Disclosure Act of 1959 to provide whistleblower protection for union employees.
  • S 115-3628: National Flood Insurance Program Extension Act
Administrative remediesAir qualityClimate change and greenhouse gasesCongressional oversightDepartment of Homeland SecurityDisaster relief and insuranceEmployment discrimination and employee rightsFederal Emergency Management Agency (FEMA)Floods and storm protectionFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsInsurance industry and regulationLicensing and registrationsNatural disastersUser charges and fees

To reauthorize and improve the national flood insurance program, and for other purposes.

USA115th CongressHR-1423| House 
| Updated: 3/8/2017
National Flood Insurance Program Reauthorization and Improvement Act of 2017 This bill amends the National Flood Insurance Act of 1968 to extend the National Flood Insurance Program (NFIP) through FY2027. Every policy issued under NFIP must include documents describing the type of loss covered, a summary of the costs of the policy, and an explanation of the policy's parameters. The Federal Emergency Management Agency (FEMA) is directed to establish a program for "Write Your Own" companies (a company that writes and services federal standard flood insurance policies in its own name) to investigate preexisting structural conditions in properties. Participation in this program shall be voluntary. In the event a policyholder prevails in a lawsuit regarding claims against an insurance company or FEMA, the court may award litigation costs. Costs of an administrative appeal shall be awarded to a prevailing claimant. Engineers providing services in connection with NFIP must be certified by FEMA and be professionally licensed as an engineer. FEMA must establish a publicly searchable online registry of companies and individuals providing services related to NFIP. The bill establishes criminal and civil penalties for committing fraud or making false statements in connection with NFIP. The bill establishes whistleblower protections for individuals performing tasks related to NFIP, including federal employees, Write Your Own employees, and third-party administrators and service providers. It is unlawful for Write Your Own companies to violate the independence of a provider of engineering services in connection with flood insurance coverage. The Government Accountability Office must report on: (1) the effects of global warming on NFIP solvency, and (2) Hurricane Sandy claims handled by Write Your Own companies.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 8, 2017
Introduced in House
Mar 8, 2017
Referred to the House Committee on Financial Services.
Jun 15, 2017

Latest Companion Bill Action

S 115-1368
Introduced in Senate
  • March 8, 2017
    Introduced in House


  • March 8, 2017
    Referred to the House Committee on Financial Services.


  • June 15, 2017

    Latest Companion Bill Action

    S 115-1368
    Introduced in Senate
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 115-7187: National Flood Insurance Program Further Extension Act of 2018
  • S 115-3670: A bill to reauthorize the National Flood Insurance Program.
  • S 115-3703: A bill to reauthorize the National Flood Insurance Program.
  • HR 115-6922: To amend the Labor-Management Reporting and Disclosure Act of 1959 to provide whistleblower protection for union employees.
  • S 115-3628: National Flood Insurance Program Extension Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative remediesAir qualityClimate change and greenhouse gasesCongressional oversightDepartment of Homeland SecurityDisaster relief and insuranceEmployment discrimination and employee rightsFederal Emergency Management Agency (FEMA)Floods and storm protectionFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsInsurance industry and regulationLicensing and registrationsNatural disastersUser charges and fees