Narrowly avoiding cancelation and a total government shutdown, last-minute bipartisan legislation was passed calling for the continued funding of the NFIP for an additional 45 days, through mid-November.
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Sens. Cassidy and Gillibrand introduce the Flood Insurance Pricing Transparency Act that will require FEMA to publish the formulas used to calculate mitigation credits for policyholders under Risk Rating 2.0.
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A panel examined mitigating flood risk through the National Flood Insurance Program and new pricing methodology as a result of Risk Rating 2.0.
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