Capital Bank Foundation Awards Grant to FIRM

KEY WEST – The Capital Bank Foundation has awarded a $5,000 grant to Fair Insurance Rates in Monroe (FIRM) to support FIRM’s FEMA Flood Map Task Force project.

The grant underwrites some of FIRM’s contracting costs with Ransom Consulting, Inc. to collect and review the data FEMA has used to prepare the new flood maps. The grant will also help FIRM keep the community informed about the flood mapping process.

In explaining why the review of the data is necessary, FIRM President Mel Montagne stated, “While FIRM supports updating the flood maps to better understand our risk, it is crucial that the risk is not overstated.” Montagne continued, “The grant from Capital Bank Foundation will help us ensure that the residents of Monroe County have the most accurate flood maps possible.”

FIRM is a non-partisan grassroots organization formed to fight for fair property insurance rates for property owners and residents of Monroe County, Florida.   FIRM was successful in securing a 2018 residential windstorm insurance rate freeze for Monroe County, which saved County policyholders approximately $4 million in 2018 alone. FIRM urges you to donate or sign up for a free membership at firmkeys.org to support the continuation of the fight for fair insurance rates.

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