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For Immediate Release
Contact: Gay O’Brien
561/616-8443, ext. 119

Flood Zone Correction, Inc. SPONSORS FLORIDA COMMUNITY ASSOCIATION COALITION EDUCATIONAL SEMINAR

(April 8, 2004 – West Palm Beach, FL) – Flood Zone Correction, Inc. the nation’s first and only flood zone correction company, will sponsor the Florida Community Association Coalition’s April 24, 2004, educational seminar on the impact of skyrocketing insurance rates. As a result of overwhelming response to the Coalition’s December 2003 seminar, there will be a morning and afternoon session at 9am and 2pm, respectively, at the Coral Springs Marriott, 11775 Heron Bay Boulevard in Coral Springs, FL. This free seminar is open to board representatives of homeowner and condominium associations.

Dan Freudenthal, president of Flood Zone Correction, Inc. will deliver a presentation on flood zone correction cost savings and benefits for condominium and homeowner associations. Flood zone correction savings for condominium associations average about $15,000 per year. For homeowners, the savings range between $12,000 and $15,000 over the course of a 30-year mortgage.

Dan Freudenthal’s background includes a successful career as a professional business consultant, resulting in the development and creation of several new companies, products, services and technologies throughout the United States. He launched Flood Zone Correction, Inc. in 2001 following the design of a proprietary methodolology for one of his clients. Freudenthal holds a Bachelor of Business Administration Degree in Entrepreneurship from the University of Miami, FL.

The Florida Community Association Coalition is a statewide alliance of condominium and homeowner association representatives who join forces to achieve group benefits. Created by South Florida attorney Mark D. Bogen, advisory members of the Coalition include Mr. Barry E. Krischer, State Attorney, Fifteenth Judicial Circuit – Palm Beach County; Mr. Bob Butterworth, Former Florida Attorney General; Ross Fleetwood, Former Division Director - The Florida Land Sales, Condominiums & Mobile Homes and more. Complete list of advisory members below.

Flood Zone Correction, Inc. headquartered in West Palm Beach, FL, is an advocate for consumers and commercial building owners throughout the country, promoting fairness in the evaluation of flood risk and the imposition of flood insurance requirements. Since its founding, Flood Zone Correction, Inc. has successfully reclassified over 95 percent of the South Florida residential and commercial properties evaluated, saving clients millions of dollars and adding tens of millions to property values. Flood Zone Correction, Inc. offers free flood risk analyses to residential and commercial property owners. For seminar information, contact Mark Bogen by email: bogen2000@aol.com. For flood zone correction information, contact Flood Zone Correction, Inc. toll free: 1-877-FLOOD ZONE or log onto www.floodzonecorrection.com.

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The Florida Community Association Coalition
Advisory Members

Mr. Barry E. Krischer, State Attorney, Fifteenth Judicial Circuit – Palm Beach County
Mr. Bob Butterworth, Former Florida Attorney General
Ross Fleetwood, Former Division Director - The Florida Land Sales, Condominiums & Mobile Homes
Charlotte Greenbarg, President - Broward Coalition
Pam Burns, President - Tri-County Communities Coalition
Jerry Cristodero, President - United Communities of Pembroke Pines
Robert Schulbaum, President - The Delray Alliance
Paul Finkelstein, President - The Hollywood Beach Civic Association
Lawrence Feingold, President -The Tamarac President's Council
Dot Murphy, Former President - The Tamarac President's Council
Bob Rozema, President - The Galt Mile Community Association
Ken Shelin, President - The Bayfront Condominium Association
James Hart, Former President - The Tri-County Communities Coalition
Cathleen Whalen, President - The Treasure Coast Community Association
Paul Libert, President - The Northeast Dade Coalition
Harry Charles, President - The Space Coast Condominium Association
Paul Grucza, National President - The Community Association Institute
Pio Ieraci, Chairman - President's Council for the Galt Mile Community Association/Chairman - Broward Beach Coalition

 
The experience of previous and current storm seasons underscores the importance of flood risk awareness. Now, more than ever, property owners must protect their assets and be mindful of a program in dire need of reform.

Legislative hearings on the administration of the National Flood Insurance Program revealed many problems. Not only is the program in debt, but also the vast majority of the nation’s flood maps are inaccurate and the program benefits a small percentage of policyholders who own properties that are truly at high risk of flooding. In other words, the majority of low-risk property owners forced to buy high-risk flood insurance are paying premiums to subsidize primarily repetitive loss properties and a seriously flawed program.

We deserve a program that is fair to all property owners in all flood risk categories.
 
 
 

When a main river or canal approaches flood stage, a floodgate failure prohibits water flow to reservoirs, streams or levees, causes water levels to rise in main rivers and canal channels and prevents the flow of water into a flood bypass or detention basin. Accumulating storm debris also hinders the proper operation of floodgates and canals. The impact of such failures can be devastating to both life and property especially following a tropical storm or hurricane....
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