We bring together the key insurance-related legislative updates from around the U.S. (Photo: iStock) We bring together the key insurance-related legislative updates from around the U.S. (Photo: iStock)

Editor's Note: At the start of each month, we publish insurance legislative and regulatory news and updates from around the nation.

National updates

The Repeatedly Flooded Communities Preparation Act (RFCPA) was introduced to the U.S. House of Representatives. The bipartisan legislation would require communities with 50 or more repetitive loss structures and that have seen NFIP claims or received Stafford Act assistance in the past decade to identify mitigation strategies to address repeatedly flooded areas, such as drainage improvements or voluntary buyout programs. Additionally, the bill asks affected communities to submit action plans to reduce flood risks to the administrator of FEMA.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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