Governor Rell: Gov. Rell Urges Congress to Reauthorize Flood Insurance Retroactively


{Seal of the State of Connecticut}

STATE OF CONNECTICUT
EXECUTIVE CHAMBERS
HARTFORD, CONNECTICUT  06106

M. Jodi Rell
Governor

FOR IMMEDIATE RELEASE
April 3, 2010
Contact: 
860-524-7313

Governor Rell Urges Congress to

Reauthorize Flood Insurance Retroactively

 

National Flood Insurance Program Expired While Congress in Recess

 

 

            Governor M. Jodi Rell today announced that she is urging Congress to retroactively reauthorize the National Flood Insurance Program (NFIP) when members reconvene on April 12. Governor Rell said the federally backed program expired March 28 when Congress failed to reauthorize it before leaving for its spring break.

 

            “The timing could not have been worse for Connecticut in the wake of this week’s record rains and flooding, particularly in the eastern part of the state,” Governor Rell said. “Hundreds of Connecticut homeowners and businesses have been severely affected by flooding that many have not seen in a generation.

 

            “By letting the National Flood Insurance Program expire, Washington is letting down residents in Connecticut and in other states who were either in the process of buying a new policy or who have policies up for renewal,” the Governor wrote in a letter to Congressional leadership.

 

            “Therefore, I urge the 111th Congress to retroactively reauthorize the NFIP as its first order of business when you return from the Easter recess,” Governor Rell wrote in the letter, which was also coped to Connecticut’s Congressional delegation. “I know our delegation will work to get the retroactive reauthorization and I thank them in advance for their help.”

 

            Congress is scheduled to return to Washington, D.C., the week of April 12.

 

            The Federal Emergency Management Agency (FEMA) has alerted insurance companies this week that they cannot renew or issue new policies as part of the flood program because the NFIP requires authority from Congress. According to FEMA, the average premium for homeowners’ flood insurance is $500 a year. A flood insurance policy normally has a 30-day waiting period after purchase before it goes into effect.

 

            “Failing to act will severely undermine the public’s confidence in the NFIP and the federal government’s response to this storm,” the Governor said. “Most importantly, it may potentially leave thousands of Connecticut homeowners with no way to pay for their losses.”

 

 

 

 

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Content Last Modified on 4/5/2010 9:28:41 AM






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