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National Flood Insurance Program Consultant Accountability Act of 2021

USA117th CongressHR-4091| House 
| Updated: 6/23/2021
Clay Higgins

Clay Higgins

Republican Representative

Louisiana

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
National Flood Insurance Program Consultant Accountability Act of 2021 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
Jun 21, 2021

Latest Companion Bill Action

S 117-2143
Introduced in Senate
Jun 23, 2021
Introduced in House
Jun 23, 2021
Referred to the House Committee on Financial Services.
  • June 21, 2021

    Latest Companion Bill Action

    S 117-2143
    Introduced in Senate


  • June 23, 2021
    Introduced in House


  • June 23, 2021
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • S 117-2143: National Flood Insurance Program Consultant Accountability Act of 2021
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 2021

USA117th CongressHR-4091| House 
| Updated: 6/23/2021
National Flood Insurance Program Consultant Accountability Act of 2021 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

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

Timeline
Jun 21, 2021

Latest Companion Bill Action

S 117-2143
Introduced in Senate
Jun 23, 2021
Introduced in House
Jun 23, 2021
Referred to the House Committee on Financial Services.
  • June 21, 2021

    Latest Companion Bill Action

    S 117-2143
    Introduced in Senate


  • June 23, 2021
    Introduced in House


  • June 23, 2021
    Referred to the House Committee on Financial Services.
Clay Higgins

Clay Higgins

Republican Representative

Louisiana

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 117-2143: National Flood Insurance Program Consultant Accountability Act of 2021
  • 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