DURBIN, DUCKWORTH WORK TO BRING FAIRNESS TO FEMA DISASTER DECLARATION PROCESS
Contact:
DURBIN, DUCKWORTH WORK TO BRING FAIRNESS TO FEMA DISASTER DECLARATION PROCESS
Introduce Fairness in Federal Disaster Declarations Act
"Changes to
"As Americans, it's our responsibility to support one another in times of need, especially when our communities are devastated by severe weather," said Duckworth. "Families in Central and
According to a report by the
The Fairness in Federal Disaster Declarations Act of 2017 will provide more certainty and fairness to states and small communities impacted by disasters by giving
The formula breakdown for Public Assistance specified in the legislation and a description of each factor currently used by
1.Estimated cost of the assistance (10%) - Currently, this is the key component to
2.Localized impacts (40%) - The legislation would put greater weight on the damage assessment on a specific area, as opposed to statewide.
3.Insurance coverage in force (10%) - Currently,
4.Hazard mitigation (10%) - If the cost of damage falls short of the cost of assistance threshold due to mitigation measures that lessened the disaster's impact,
5.Recent multiple disasters (10%) -
6.Programs of other Federal assistance (10%) -
7.Other economic circumstances (10%) - Currently these are factors not considered by
The formula breakdown for Individual Assistance would be:
1.Concentration of damages - 20%
2.Trauma - 20%
3.Special populations - 20%
4.Voluntary agency assistance - 10%
5.Insurance - 20%
6.Average amount of individual assistance by State - 5%
7.Economic considerations - 5%



On Senate Floor, Shaheen Shares Stories of Granite Staters Who Rely on the Affordable Care Act, Calls Trumpcare “Totally Out of Touch” With Lives of…
Rep. Cardenas on ACA Repeal
Advisor News
- Industry groups applaud House passage of Financial Exploitation Prevention Act
- Younger workers more likely to be eligible for a retirement plan after changing jobs
- Bank of America community event unpacks sales tax hike, small business struggles
- CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
- How executive benefits impact an estate plan
More Advisor NewsAnnuity News
- State Farm’s agency overhaul: What distribution can learn
- IRI, ACLI express support for CLEAR Forms Act
- A new era at the Federal Reserve
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
- Why annuities are gaining traction with younger investors
More Annuity NewsHealth/Employee Benefits News
- Maryland health insurers want to raise premiums an average 13.7% for individual plans in 2027
- Maryland health insurance rates could rise 13.7% in 2027 under proposal
- Millions drop Obamacare health coverage after subsidies expire and costs rise
- Improving how we deliver healthcare in Idaho
- Healthcare system needs a public option
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Misr Insurance Company
- State Farm’s agency overhaul: What distribution can learn
- They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
- How much do state residents need to retire comfortably?
- How executive benefits impact an estate plan
More Life Insurance News