Establishes a natural hazard mitigation financing program, disaster recovery housing assistance program, and regulates post-loss assignments and.
The bill creates a natural hazard mitigation financing program to provide loans for projects mitigating natural hazards. It establishes a disaster recovery housing assistance program offering financial aid to homeowners and renters. It regulates post-loss assignments, prohibiting contractors from entering into assignments for 72 hours after a disaster. The bill also details licensing and conduct standards for adjusters, appraisers, and umpires, including fees, penalties for violations, and requirements for license reinstatement.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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