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National Flood Insurance Program Consultant Accountability Act of 2019

USA116th CongressS-2122| Senate 
| Updated: 7/16/2019
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Robert Menendez (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
National Flood Insurance Program Consultant Accountability Act of 2019 This bill allows the Federal Emergency Management Agency (FEMA) to terminate certain contracts under the National Flood Insurance Program on the basis of detrimental conduct to the program by a "covered entity" (an attorney, law firm, consultant, or third-party company that provides certain services under the contract). Specifically, on such basis, FEMA may terminate a contract between a covered entity and a "Write Your Own" company (a property and casualty company that writes and services federal standard flood insurance policies in its own name). FEMA shall establish a process for a covered entity to appeal such a termination. Neither FEMA nor a Write Your Own company is required to make an early-termination payout to a covered entity with respect to a contract terminated under the bill.
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Timeline
Jul 16, 2019
Introduced in Senate
Jul 16, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 16, 2019
    Introduced in Senate


  • July 16, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 116-3872: National Flood Insurance Program Reauthorization and Reform Act of 2019
  • S 116-2187: National Flood Insurance Program Reauthorization and Reform Act of 2019
Administrative remediesContracts and agencyDepartment of Homeland SecurityDisaster relief and insuranceFederal Emergency Management Agency (FEMA)Floods and storm protectionInsurance industry and regulation

National Flood Insurance Program Consultant Accountability Act of 2019

USA116th CongressS-2122| Senate 
| Updated: 7/16/2019
National Flood Insurance Program Consultant Accountability Act of 2019 This bill allows the Federal Emergency Management Agency (FEMA) to terminate certain contracts under the National Flood Insurance Program on the basis of detrimental conduct to the program by a "covered entity" (an attorney, law firm, consultant, or third-party company that provides certain services under the contract). Specifically, on such basis, FEMA may terminate a contract between a covered entity and a "Write Your Own" company (a property and casualty company that writes and services federal standard flood insurance policies in its own name). FEMA shall establish a process for a covered entity to appeal such a termination. Neither FEMA nor a Write Your Own company is required to make an early-termination payout to a covered entity with respect to a contract terminated under the bill.
View Full Text

Suggested Questions

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Timeline
Jul 16, 2019
Introduced in Senate
Jul 16, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 16, 2019
    Introduced in Senate


  • July 16, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Robert Menendez (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 116-3872: National Flood Insurance Program Reauthorization and Reform Act of 2019
  • S 116-2187: National Flood Insurance Program Reauthorization and Reform Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative remediesContracts and agencyDepartment of Homeland SecurityDisaster relief and insuranceFederal Emergency Management Agency (FEMA)Floods and storm protectionInsurance industry and regulation