Biggert-Waters Flood Insurance Reform Act http://whqr.org en Do Flood Insurance Hikes Spell the End of Coastal Living? http://whqr.org/post/do-flood-insurance-hikes-spell-end-coastal-living <p>The National Flood Insurance Program is working its way out of bankruptcy following Hurricanes Katrina and Sandy--but its plan involves sharp premium increases for coastal property owners. This population includes more than 17,000 North Carolinians--many of whom stand to have their flood insurance rates triple this year. Coastal community leaders are busy voicing their concern to federal and state legislators. To strengthen their argument at the federal level, leaders from communities such as Topsail Beach plan to band together across North and South Carolina’s coast.</p> Tue, 25 Mar 2014 09:00:00 +0000 Katie O'Reilly 52327 at http://whqr.org Do Flood Insurance Hikes Spell the End of Coastal Living? Wrightsville Beach Candidates Tackle Flood Insurance Concerns http://whqr.org/post/wrightsville-beach-candidates-tackle-flood-insurance-concerns <p>Five candidates are running for two seats on the Wrightsville Beach Board of Aldermen this November. Of top concern to the town is impending legislation that would increase its home and business owners’ flood insurance rates. The two alderman hopefuls who attended last night’s beach town forum at WHQR are both campaigning on their mission to delay implementation of the Biggert-Waters Flood Insurance Reform Act. This federal law is meant to recover recent losses to FEMA’s Flood Insurance Program, and stands to significantly raise local insurance rates.</p> Wed, 23 Oct 2013 04:16:12 +0000 Katie O'Reilly 45014 at http://whqr.org Wrightsville Beach Candidates Tackle Flood Insurance Concerns