Will your flood insurance get more expensive?

This year, FEMA changed how it calculates risk “to provide more equity,” and is now incorporating more risk variables based on individual properties. These changes — known as Risk Rating 2.0—officially began for existing policyholders on April 1, 2022 and new policyholders this past October.  (Don’t get us wrong, we’re down with more equity, but Read More »

Superstorm Sandy victims get 2-year reprieve on repaying federal disaster funds

Superstorm Sandy victims get 2-year reprieve on repaying federal disaster funds / NorthJersey.com / 3/28/2022 New Jersey victims of superstorm Sandy have received a two-year reprieve from repaying about $73 million in funds the federal government says they were overpaid. About 1,813 New Jersey homeowners will not have to repay that money before 2025, according to Read More »

Community groups help to bridge aid gap for Ida victims

Community groups help to bridge aid gap for Ida victims / NJ Spotlight / Thirteen / 1/27/2022 Residents displaced by Tropical Storm Ida are still trying to get back on their feet. Many have found that aid from the Federal Emergency Management Agency only goes so far, and they have relied on community groups for Read More »

Time is running out to apply for FEMA Ida relief

Time is running out to apply for FEMA Ida relief / NJ Spotlight News / 1/4/2022 By Melissa Rose Cooper, Correspondent Time is running out for thousands of New Jerseyans looking for federal disaster assistance related to Tropical Storm Ida. Wednesday is the deadline for people to submit applications to FEMA. As of Tuesday, the Read More »

NJ Lawmakers’ Bill Would Reform New FEMA Flood Insurance Program

NJ Lawmakers’ Bill Would Reform New FEMA Flood Insurance Program / Patch / 11/5/2021 By Karen Wall, Patch Staff New Jersey’s two U.S. senators and fellow members of Congress are hoping to help hundreds of thousands of residents dealing with flood insurance problems nine years after Superstorm Sandy. NEW JERSEY — A month into the Read More »

Flood insurance reform bill debuts on Sandy anniversary

Flood insurance reform bill debuts on Sandy anniversary / NJ Spotlight News / 10/29/2021 By Melissa Rose Cooper, Correspondent With the threat of more storms due to climate change, leaders say more funding needs to go into figuring out how to prevent damage in the first place New Jersey’s two U.S. senators and fellow members Read More »