2023-0114
INTRODUCED BY: MATTHEW JEWELL, PARISH PRESIDENT
ST. CHARLES PARISH COUNCIL
RESOLUTION NO. ___________
Title
A resolution requesting that St. Charles Parish join in the litigation along with the Louisiana Attorney General against the Federal Emergency Management Agency (FEMA) to challenge the National Flood Insurance Program's (NFIP) Risk Rating 2.0.
Body
WHEREAS, the Federal Emergency Management Agency (FEMA) "is updating the National Flood Insurance Program's risk rating methodology through the implementation of a new pricing methodology," titled "Risk Rating 2.0: Equity in Action"; and,
WHEREAS, FEMA states that Risk Rating 2.0's "methodology leverages industry best practices and cutting-edge technology to enable FEMA to deliver rates that are actuarily sound, equitable, easier to understand and better reflect a property's flood risk"; and,
WHEREAS, the Association of Levee Boards of Louisiana, members of both the Louisiana legislature and the federal legislature, members of state government, numerous Parish Presidents and their Councils, and many other entities in Louisiana and around the nation have grave concerns about the soundness of Risk Rating 2.0's underlying methodology, its failure to properly take into account any of the numerous improvements Louisiana's Levee Boards have made to the flood protection systems, and its catastrophic effect on Louisiana's flood insurance rates and the ability of Louisiana's homeowners to purchase flood insurance; and,
WHEREAS, many of those entities have repeatedly raised their concerns to FEMA, have asked FEMA for documentation showing FEMA's underlying methodology, and have been passed from one federal office to the next without receiving any meaningful answers to their questions or documents showing FEMA's underlying methodology; and,
WHEREAS, FEMA has denied and continues to deny the efforts of those who are trying to protect their interests, the interests of their members, the interests of many Louisian...
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