Homeland Security Department Docket FEMA-2017-0025 Proposed Rule

2019-14343: National Flood Insurance Program (NFIP); Revisions to Methodology for Payments To Write Your Own (WYO) Companies

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Summary

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.

The agency’s own summary, as published.

What this changes

Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.

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