News and Media: Disaster all

Date of Notice: 

Tuesday, January 1, 2019

The Federal Emergency Management Agency (“FEMA”) will be procuring reinsurance for the National Flood Insurance Program (“NFIP”) to be effective on or about January 1, 2019. To participate in the reinsurance procurement, vendors must submit a request to participate by November 19, 2018, and final tenders by November 29, 2018. 

FOR FURTHER INFORMATON CONTACT: FEMA’s Reinsurance Broker, Guy Carpenter and Company, at FEMA.GC@guycarp.com or a FEMA representative at FEMA-NFIP-REINSURANCE@fema.dhs.gov.

Using big data, FEMA’s modeling of the 18.1 million buildings constructed in the United States since 2000 has found the nation has saved $1.6 billion every year. These savings represent the cumulative losses avoided when structures follow International Codes or similar building codes that mitigate flood, hurricane and earthquake damage. FEMA projects that by 2040, the nation will save around $3.2 billion per year. This adds up to almost $133 billion in total losses avoided from 2000 to 2040.

Do your part to the stop the spread of rumors by doing three easy things:

1. Find trusted sources of information.
2. Share information from trusted sources.
3. Discourage others from sharing information from unverified sources.

We will share information about current rumors or scams related to Texas winter storms relief on this page. The best information on legitimate sources of help in your area will come from local officials.