• NFIP Reform Project
    With the NFIP expiring in 2017, what do we need to do next? Here is what we are working on and how you can get involved.

2017 NFIP Reform Project
In March of this year, Congress passed the Homeowners Flood Insurance Affordability Act (HFIAA). Among other things, this act limited the annual allowable rate increase for any policy at 18%. While still high, the annual rate increase allowed under the Biggert-Waters Act were as high as 25% for many. The bill also restored grandfathered rates. In 2017, the HFIAA and Biggert-Waters both expire and a new bill will need to be written to replace both. The Marshfield and Scituate Coastal Coalitions, along with other coalitions and leaders across the state, are implementing a plan that will begin the process of networking nationally to help write the next piece of legislation that will keep the NFIP affordable, sustainable and add certainty to the program going forward. The 2017 NFIP Reform project is now ongoing, with leaders from each NFIP stakeholder group attending monthly conference calls to listen, understand and contribute to a new NFIP in 2017. This plan is being run through the Massachusetts Coastal Coalition. If you would like to send us a suggestion, just fill in the form at the link below!

Review the 2017 Project Plan!

Click the link here to go to the official 2017 NFIP Reform Project page!