Thursday, March 22, 2012

Suit against federal flood insurance goes forward ? Olympic ...

Posted on by alf hanna

It?s time to stop having taxpayers fund flood insurance for new construction that happens in flood plains. Kudos to the National W.F. for bringing this to a judge to help force action. Again, the federal government under a liberal president is doing as little as under a conservative one. To be clear, as we read this case, the issue is not about? ?grandfathered? buildings, but new construction, especially after being flooded out. There?s an answer for this, and it?s called, ?higher ground?. Or let the property owner pay the full bill for insurance.?

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A Seattle district court judge will hear arguments Tuesday in a suit brought by the National Wildlife Federation against the Federal Emergency Management Agency, saying the agency has not upheld a requirement to restrict development in flood plains as required by a mandate to protect endangered and threatened species like orca whales and the salmon they feed on. The federation?s request would prevent the federal government from issuing any new flood insurance policies for new construction in flood plains. But 16 Puget Sound cities join FEMA in saying such a restriction would halt development altogether.

Seattle court to hear argument to ban issuance of flood insurance to new developments

http://www.goskagit.com/news/local_news/article_89f29b5b-21e2-5c5f-81d0-612275c38b4d.html

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Source: http://olyopen.wordpress.com/2012/03/22/suit-against-federal-flood-insurance-goes-forward/

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