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DHS/FEMA RIN: 1660-AA90 Publication ID: Spring 2019 
Title: National Flood Insurance Program (NFIP); Revisions to Methodology for Payments to Write Your Own Companies (WYO)  
Abstract:

As directed by the Biggert-Waters Flood Insurance Reform Act of 2012, the Federal Emergency Management Agency (FEMA) intends to modify the way it pays private insurance companies participating in the Write Your Own (WYO) Program. FEMA seeks comment regarding possible approaches to incorporating actual flood insurance expense data into the payment methodology that FEMA uses to determine the amount of payments to WYO companies.

 
Agency: Department of Homeland Security(DHS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 44 CFR 62   
Legal Authority: 42 U.S.C. 4081(note)   
Legal Deadline:
Action Source Description Date
Final  Statutory  Not later than 12 months after the date of enactment of this Act [July 6, 2012], the Administrator shall issue a rule to formulate revised expense reimbursements to WYO companies.  07/06/2013 

Overall Description of Deadline: Not later than 12 months after the date of enactment of this Act [July 6, 2012], the Administrator shall issue a rule to formulate revised expense reimbursements to property and casualty insurance companies participating in the Write Your Own program for their expenses (including their operating and administrative expenses for adjustment of claims) in selling, writing, and servicing policies.

Timetable:
Action Date FR Cite
ANPRM  05/00/2019 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Kelly Bronowicz
Policyholder Services Division
Department of Homeland Security
Federal Emergency Management Agency
400 C Street SW,
Washington, DC 20472
Phone:202 557-9488
Email: kelly.bronowicz@fema.dhs.gov