SCHUMER SAYS NO WAY FEMA….
VOWS TO KEEP FLOOD
INSURANCE PREMIUMS DOWN
Last week we advised readers of the newspapers intention
to formally request a coordinated effort from our United States Senators to protect
the victims of Hurricane Sandy from further devastation at the hands of FEMA
and insurance companies. Both entities
are likely looking to put a bounty on the heads of homeowners throughout the
communities affected by the impending release of the revised FEMA flood maps.
It seems that Sen. Charles Schumer, as well as Sen.
Kirsten Gillebrand have signed into the school of thought that enough FEMA is
enough. The senators have taken a step in the support of a movement, growing
rapidly across this state and many others, to combat the modifications to flood
maps that will send premiums soaring and concurrently force residents to do
costly physical renovations and alterations to their homes.
Both Schumer and Gillebrand have signed on to back an
amendment to a bill currently before the senate introduced by Sen. Mary
Landrieu of Louisiana .
The amendment would immediately stop and premium
increase before FEMA holds an affordability study and also affords the
necessary time to act in accordance or legitimately challenge any results.
It is true that FEMA is presently required to conduct
such a study in conjunction with the passage of the Biggert-Waters bill,
however there is nothing to stop the rate hikes before the study is completed .
The proposed amendment would turn that provision around, mandating the
completion of the study prior to any consideration of rate hikes.
Prior to the enactment of the legislation, the senator
from Louisiana tried to request a delay from FEMA but the agency apparently
deliberate failure to act prompted the creation of the amendment.
Schumer and Gillebrand loaned their immediate support to
the measure and in a statement, Schumer declared his staunch support for the
measure which “staves off massive looming flood insurance hikes.”
Schemer also acknowledged in his statement that he not
only supports Landreiu’s amendment with his vote but with his “assistance in
the effort to pass it.”
Schumer went to bat for the amendment on the floor of
the senate. Speaking to his colleagues he said: It’s unfair to hit homeowners
with massive new flood insurance premiums without any plans to address the
needs of those who cant afford these out of control premiums. People are upset
and they should be.”
More and more groups are calling for the support of
elected officials in battling back against the potential crippling measures
which could come as a result of the passage of the Biggert-Waters Act and the
revisions to FEMA flood maps.
Residents are urged to call their senators and encourage
the continued and full support of legislative measures that target the
elimination of the possibility of astronomical premiums.
Watch for our continued coverage as we near the release
of the revised flood maps at the end of this month.
The amendment failed, but the bill that passed still benefited Landrieu's Louisiana ...
ReplyDeleteNew Orleans is 9 feet below sea level.
No one is discussing the fact that a large part of our country's population lives by the water. If we decimate theses communities, we are changing our economy and redistributing our economic engines. We aren't requiring those in "hurricane alley" to build under ground, so why are ae considering retreating from the shore?
ReplyDeleteWhy are we dealing with all this headache on a ONE time flooding of all our homes in this little community? Some of us have been paying flood insurance for 25 to 35 years! What about Manhattan? Are they going to buy out buildings and skyscrapers too? Or maybe we could just lift them a little, eh!?
ReplyDelete