View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

DHS/FEMA RIN: 1660-AA58 Publication ID: Spring 2009 
Title: National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers; Write-Your-Own Arrangement  
Abstract: This interim final rule amends portions of the Financial Assistance/Subsidy Arrangement (Arrangement) between Write-Your-Own (WYO) Companies and the Federal Emergency Management Agency (FEMA). In this rule, FEMA adds a provision to the Arrangement to maintain WYO CompaniesÂ’ cooperation in helping ensure that property insurance agents writing flood insurance under the NFIP avail themselves of the training opportunities needed to meet the minimum NFIP training requirements called for in the Bunning-Bereuter-Blumenauer Flood Insurance Reform Act of 2004. In addition, FEMA amends the way it communicates changes to the Unallocated Loss Adjustment Expenses (ULAE) compensation rate to WYO Companies. Finally, FEMA revises the Arrangement to clarify situations when there are no funds available in the National Flood Insurance Fund (NFIF) to be drawn down through the company letter of credit. 
Agency: Department of Homeland Security(DHS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 44 CFR 62   
Legal Authority: 42 USC 4001 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  04/03/2008  73 FR 18182   
Interim Final Rule Effective  05/05/2008    
Interim Final Rule Comment Period End  06/02/2008    
Final Action  05/00/2009    
Additional Information: Docket ID FEMA-2008-0001
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.regulations.gov   Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Edward L. Connor
Federal Insurance and Mitigation Administration
Department of Homeland Security
Federal Emergency Management Agency
1800 South Bell Street,
Arlington, VA 20598-3010
Phone:202 646-3429
Fax:202 646-7970
Email: edward.connor@fema.dhs.gov