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DHS/FEMA

RIN: 1660-AA48

Publication ID: Spring 2011

Title: National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers; Compensation for FIRA Implementation
Abstract: The Federal Emergency Management Agency (FEMA) proposes to amend its regulations regarding the FEMA, Federal Insurance Administration, Financial Assistance/Subsidy Arrangement (Arrangement). The Arrangement is between the Write-Your Own (WYO) Companies and FEMA. The Arrangement defines the duties and responsibilities of insurers that sell and service flood insurance under the WYO Program. The Arrangement also identifies the financial and technical assistance FEMA will provide to these insurers. FEMA proposes to amend the Arrangement to increase the amount of compensation to the WYO Companies in recognition of additional expenses incurred by the WYO Companies in implementing the requirements of the Bunning-Bereuter-Blumenauer Flood Insurance Reform Act of 2004.
Agency: Department of Homeland Security(DHS)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 44 CFR 62
Legal Authority: 42 USC 4011

Legal Deadline:  None

Timetable: Action Date FR Cite NPRM  10/00/2011

Additional Information: Docket ID FEMA-2007-0002
Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: Federal
Federalism: No
Included in the Regulatory Plan: No
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