{"id":50096,"date":"2026-08-03T19:38:00","date_gmt":"2026-08-03T17:38:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=13c83e3b96f0890ac46bba759ce86965"},"modified":"2026-08-03T19:38:00","modified_gmt":"2026-08-03T17:38:00","slug":"kbra-releases-research-good-news-bad-news-fema-review-councils-recommendations-are-a-mixed-bag","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=50096","title":{"rendered":"KBRA Releases Research \u2013 Good News\/Bad News: FEMA Review Council\u2019s Recommendations Are a Mixed Bag"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/creditratingagency?src=hash\" >#creditratingagency<\/a>--KBRA releases research on the report published by the President\u2019s Federal Emergency Management Agency (FEMA) Review Council. The report recommends shifting FEMA toward a more supportive federal role, with state, local, tribal, and territorial governments taking greater responsibility for disaster management. It proposes stricter disaster-declaration criteria, faster direct funding, simplified survivor aid, restructured mitigation grants, National Flood Insurance Program (NFIP) reform, and lower administrative costs. If implemented, these recommendations would aim to speed assistance and reduce bureaucracy but could increase fiscal risk for state and local governments. While the Review Council report addresses states, localities, tribal and territorial governments, this commentary discusses several of the report\u2019s recommendations with a focus on the impact on states and localities, as well as recommendations for the NFIP.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260803386446\/en\/2866191\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260803386446\/en\/2866191\/22\/kbra-logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260803386446\/en\/2866191\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260803386446\/en\/2866191\/21\/kbra-logo.jpg\" \/><\/a><p>\n<strong>Key Takeaways<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\nThe Council\u2019s recommendations align with the administration\u2019s approach of shifting responsibilities and costs from the federal government to states and localities, particularly the principle that emergency response should be \u201c<!-- no quote -->locally executed, state or tribally managed, and federally supported.\u201d<\/li>\n<li>\nThe Council recommends replacing FEMA\u2019s current Public Assistance program with a faster direct-funding model called the Reformed and Partnered Initiative for Disasters (RAPID), where FEMA would send money to states soon after a presidential disaster declaration. For cities and counties, the main risk is that faster payments may not fully cover actual recovery costs.<\/li>\n<li>\nThe report recommends raising or revising FEMA\u2019s disaster-declaration thresholds and using clearer measures of disaster severity, along with assessing state and local capacity to respond and recover without federal help, which would make it harder for local governments to qualify for federal disaster aid.<\/li>\n<li>\nThe Council suggests that FEMA distribute flood-loss and exposure data more widely and that the government reassess the existing Community Rating System incentives to promote local responsibility for risk mitigation.<\/li>\n<li>\nThe Council also suggests reviewing the commission structure for private companies that distribute NFIP insurance policies and notes that reducing commissions could save hundreds of millions of dollars in yearly expenses, simultaneously encouraging more private insurers to offer flood coverage and supporting a broader initiative to drive a gradual depopulation of the NFIP using actuarially sound rates.<\/li>\n<\/ul><p>\nClick <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FhNkNFZpg&amp;esheet=54582351&amp;newsitemid=20260803386446&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=27b40b2a4a57708ec749b6e65bf355d3\" rel=\"nofollow\" shape=\"rect\">here<\/a> to view the report.<\/p><p>\n<strong>Recent Publications<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FwtLZCpDh%2Fone-big-beautiful-bill-ugly-costs-for-state-and-local-governments&amp;esheet=54582351&amp;newsitemid=20260803386446&amp;lan=en-US&amp;anchor=One+Big+Beautiful+Bill%3A+Ugly+Costs+for+State+and+Local+Governments&amp;index=2&amp;md5=06dceaaf886412a93392a7b4b456c5a0\" rel=\"nofollow\" shape=\"rect\">One Big Beautiful Bill: Ugly Costs for State and Local Governments<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FZRXzSHmr%2Fpreparedness-policy-in-limbo-fema-federal-funding-and-the-future-of-disaster-recovery&amp;esheet=54582351&amp;newsitemid=20260803386446&amp;lan=en-US&amp;anchor=Preparedness+Policy+in+Limbo%3A+FEMA%2C+Federal+Funding%2C+and+the+Future+of+Disaster+Recovery&amp;index=3&amp;md5=bfa9109751c8f02e0ed6b7a394dac17b\" rel=\"nofollow\" shape=\"rect\">Preparedness Policy in Limbo: FEMA, Federal Funding, and the Future of Disaster Recovery<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FwCRKqNHr%2Faca-subsidy-rollback-a-broader-credit-story-for-public-finance&amp;esheet=54582351&amp;newsitemid=20260803386446&amp;lan=en-US&amp;anchor=ACA+Subsidy+Rollback%3A+A+Broader+Credit+Story+for+Public+Finance&amp;index=4&amp;md5=25a6d95a43cc1d8e5ab01248cfd983ad\" rel=\"nofollow\" shape=\"rect\">ACA Subsidy Rollback: A Broader Credit Story for Public Finance<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FQrxRMQzX%2Fstates-face-a-heavy-lift-from-obbbas-medicaid-rules&amp;esheet=54582351&amp;newsitemid=20260803386446&amp;lan=en-US&amp;anchor=States+Face+a+Heavy+Lift+From+OBBBA%26%238217%3Bs+Medicaid+Rules&amp;index=5&amp;md5=164d142ebea83dacb3b5a509f5d64bc4\" rel=\"nofollow\" shape=\"rect\">States Face a Heavy Lift From OBBBA\u2019s Medicaid Rules<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FFvYQHhpW%2Fpost-obbba-how-much-can-state-balances-really-absorb&amp;esheet=54582351&amp;newsitemid=20260803386446&amp;lan=en-US&amp;anchor=Post-OBBBA%3A+How+Much+Can+State+Balances+Really+Absorb%3F&amp;index=6&amp;md5=d1e4ee4629345a6baf830c761f90a25f\" rel=\"nofollow\" shape=\"rect\">Post-OBBBA: How Much Can State Balances Really Absorb?<\/a><\/li>\n<\/ul><p>\n<strong>About KBRA<\/strong><\/p><p>\nKBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.<\/p><p>\nDoc ID: 1016274<\/p><br\/> <b>Contacts<\/b> <br\/><p>\nKaren Daly, Senior Managing Director\n<br\/>+1 646-731-2347\n<br\/><a  href=\"mailto:karen.daly@kbra.com\" rel=\"nofollow\" shape=\"rect\">karen.daly@kbra.com<\/a><\/p><p>\nLewis Delosa, Director\n<br\/>+1 646-731-2312\n<br\/><a  href=\"mailto:lewis.delosa@kbra.com\" rel=\"nofollow\" shape=\"rect\">lewis.delosa@kbra.com<\/a><\/p><p>\nPeter Giacone, Senior Managing Director\n<br\/>+1 646-731-2407\n<br\/><a  href=\"mailto:peter.giacone@kbra.com\" rel=\"nofollow\" shape=\"rect\">peter.giacone@kbra.com<\/a><\/p><p>\n<strong>Media Contact<\/strong><\/p><p>\nAdam Tempkin, Senior Director of Communications\n<br\/>+1 646-731-1347\n<br\/><a  href=\"mailto:adam.tempkin@kbra.com\" rel=\"nofollow\" shape=\"rect\">adam.tempkin@kbra.com<\/a><\/p><p>\n<strong>Business Development Contacts<\/strong><\/p><p>\nWilliam Baneky, Managing Director\n<br\/>+1 646-731-2409\n<br\/><a  href=\"mailto:william.baneky@kbra.com\" rel=\"nofollow\" shape=\"rect\">william.baneky@kbra.com<\/a><\/p><p>\nJames Kissane, Senior Director\n<br\/>+1 646-731-2380\n<br\/><a  href=\"mailto:james.kissane@kbra.com\" rel=\"nofollow\" shape=\"rect\">james.kissane@kbra.com<\/a><\/p><p>\nTina Bukow, Managing Director\n<br\/>+1 646-731-2368\n<br\/><a  href=\"mailto:tina.bukow@kbra.com\" rel=\"nofollow\" shape=\"rect\">tina.bukow@kbra.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;#creditratingagency&#8211;KBRA releases research on the report published by the President\u2019s Federal Emergency Management Agency (FEMA) Review Council. The report recommends shifting FEMA toward a more supportive federal role, with&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50096","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/50096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50096"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/50096\/revisions"}],"predecessor-version":[{"id":50097,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/50096\/revisions\/50097"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}