Ahead of a crucial committee hearing on insurance markets and mitigation policies, Senators Tim Scott, a Republican from South Carolina, and Brian Schatz, a Democrat from Hawaii, have reintroduced the Repeatedly Flooded Communities Preparation Act. The legislation aims to address the financial and infrastructural challenges associated with persistent flooding and frequent rebuilding in high-risk areas.
Chairman Tim Scott emphasized the ongoing problems faced by communities in South Carolina and across the country due to persistent flooding. “This bill will provide key resources to help Americans across the country rise above the threat of flooding,” he stated. Senator Schatz highlighted the increased threats from sea level rise and severe storms, noting that the bill would facilitate proactive steps to prepare communities.
Support for the legislation has been echoed by various stakeholders. Jimi Grande from the National Association of Mutual Insurance Companies described the bill as embodying “proactive mitigation and planning in the defense of taxpayer dollars.” Nathan Riedel from the Independent Insurance Agents & Brokers of America expressed support for the proactive approach to better prepare communities for flooding, emphasizing its role in making the National Flood Insurance Program financially solvent.
Sam Whitfield of the American Property Casualty Insurance Association hailed the bipartisan leadership of the senators, noting that the legislation would enhance flood risk mitigation programs. Similarly, the American Public Works Association (APWA) reiterated the need for a sustainable approach to flood insurance, with President Dominick Longobardi and CEO Scott Grayson echoing sentiments supporting this legislative effort.
John Doyle of Marsh McLennan and Daniel Serota of Aon also voiced their organizations’ support. Doyle underscored the need for public policies to close the flood protection gap, while Serota highlighted the promotion of resilience as vital for protecting lives and economic stability.
The Repeatedly Flooded Communities Preparation Act requires communities repeatedly damaged by floods to assess risks, develop mitigation plans, and make these plans publicly accessible. The Act also mandates collaboration with FEMA to improve mitigation strategies and holds communities accountable for compliance.
