TAMPA, FL—The Biggert-Waters Act, a flood insurance reform, passed last summer—and it goes into effect on Oct. 1. So what does this act entail, what regions are most affected and how much can owners expect to pay for flood insurance in light of the reforms?
GlobeSt.com caught up with, Darron Kattan, a managing director and a multifamily brokerage specialist, focuses on properties in Central, West Central, and Southwest Florida, with Franklin Street and Matthew Harrell, a managing director of Franklin Street Insurance Services, to get some answers. Be sure to come back this afternoon when the duo will discuss how flood insurance rate increases are expected to affect commercial real estate investment and more.
GlobeSt.com: What is the Biggert-Waters Act?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
