Vendor Transition

Chief Financial Officer Jimmy Patronis sent a letter to Federal Emergency Management Agency (FEMA) Administrator William “Brock” Long urging FEMA to reconsider an upcoming vendor transition that could delay the processing of federal flood claims in Florida. CFO Patronis asked FEMA officials to release a transition plan that ensures no pending claims face delays or to consider delaying the transition until the end of the 2017 Atlantic Hurricane Season.
CFO Patronis said, “…I am concerned that an upcoming vendor transition within a critical federal program may present a roadblock to Florida’s current progress. It is my understanding that the National Federal Flood Insurance Program (NFIP) will soon transition to a new policy management vendor, a move that is set to impact more than 600,000 policyholders. Many of these 600,000 policyholders reside in Florida, and I fear that Floridians may be forced to bear costly consequences caused by this change. With an estimated 18,000 damage claims resulting from Hurricanes Irma, Maria and Harvey currently pending, scheduled changes to claims processing and payment procedures stand to create delays and potentially derail Florida families from getting back to normal life during these high-stress times.”
To read the CFO’s full letter, click here.