{"id":1291,"date":"2014-06-13T21:24:13","date_gmt":"2014-06-13T21:24:13","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1291"},"modified":"2014-06-13T21:24:13","modified_gmt":"2014-06-13T21:24:13","slug":"flood-insurance-reform-means-higher-premiums","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2014\/06\/13\/flood-insurance-reform-means-higher-premiums\/","title":{"rendered":"FLOOD INSURANCE REFORM MEANS HIGHER PREMIUMS"},"content":{"rendered":"<p>The reform envisions repricing some subsidized premiums but, because of the long history of subsidies and grandfathering, insuring agencies don&#8217;t have the information needed to adjust premiums with re-evaluating each individual property.\u00a0 To legislate Congress passed the Flood Insurance Affordability Act which delays premium increased for 4\u00a0\u00a0 years or 6 months after FEMA proposed policy changed &amp; regulations to address affordability issues.\u00a0 The National Flood Insurance Program is $24 billion in debt in large part to subsidize premiums for some.\u00a0 Watch as Congress works with this in years to come!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reform envisions repricing some subsidized premiums but, because of the long history of subsidies and grandfathering, insuring agencies don&#8217;t have the information needed to adjust premiums with re-evaluating each individual property.\u00a0 To legislate Congress passed the Flood Insurance Affordability Act which delays premium increased for 4\u00a0\u00a0 years or 6 months after FEMA proposed policy [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1291"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1291"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1291\/revisions"}],"predecessor-version":[{"id":1292,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1291\/revisions\/1292"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1291"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}