Pennsylvania Insurance Department Commissioner Jessica Altman recently talked with PAR CEO Mike McGee about flood insurance, how important it is for all homeowners to consider this insurance and what the state is doing to help homeowners find insurance.
The National Flood Insurance Program will expire at midnight on Friday, May 31, 2019. The National Association of Realtors is working to avoid a lapse, while Congress continues to negotiate over a long-term reauthorization and reform.
Gregory said more than 8,500 Realtors® from across the country attending NAR’s Legislative Meetings earlier this month in Washington, D.C. and had successful meetings with legislators and federal regulatory agencies.
Fifty Pennsylvania Realtors® met with our two senators yesterday at the Capitol Visitor Center while attending NAR’s Legislative Meetings in Washington, D.C. We asked the senators to speak about national issues facing the real estate industry.
“If a property owner believes his land is improperly included in a Special Flood Hazard Area, commonly known as a flood zone, he may want to appeal this placement,” according to Teresa Miller, Pennsylvania Insurance commissioner.