Sponsors (2)
The bill increases transparency and insurer access to NFIP property-level data—helping buyers, owners, and insurers assess flood risk and improving NFIP funding—at the trade-off of higher privacy risks, potential premium increases for homeowners, and possible competitive/administrative burdens on smaller insurers.
Homebuyers, lessees, and current property owners will be able to obtain property-level NFIP claims history and flood-risk information before a purchase or lease, improving awareness of flood risk for housing decisions.
Private insurers and reinsurers will get access to NFIP policy and claims data to improve underwriting, rate-setting, and claims adjustment, which can produce more accurate premiums and faster claims handling.
Fees charged to participating private insurers will be deposited into the National Flood Insurance Fund, potentially increasing NFIP resources without an immediate premium increase for existing policyholders.
Homeowners, buyers, and renters could face higher insurance premiums if private insurers use the NFIP data to implement more explicit risk-based pricing.
Property owners and renters face increased privacy risks because sharing detailed property-level claims data with private companies could lead to misuse or inadequate protection of sensitive information.
Smaller insurers could be disadvantaged if data-sharing agreements, fees, or administrative requirements are structured in ways that favor larger firms, which could reduce competition in the flood insurance market.
Based on analysis of 2 sections of legislative text.
Allows FEMA to share NFIP property-level policy and claims data with private insurers under data-sharing agreements while treating disclosures as a Privacy Act routine use.
Official title: To provide for the disclosure and sharing of certain policy and claims information under the National Flood Insurance Program, and for other purposes.
Introduced February 4, 2026 by Madeleine Dean · Last progress February 4, 2026
Creates a FEMA data-exchange program that lets private insurance companies access specified National Flood Insurance Program (NFIP) policy and claims data when they sign a data-sharing agreement. It requires FEMA to provide property-level flood claims and certain risk data to purchasers, lessees, or current owners, treats these disclosures as routine uses under the Privacy Act, allows FEMA to charge participating insurers a fee, and defines key terms and permissible uses (underwriting, rate-setting, claims adjustment).