A bill geared towards encouraging more private companies to offer flood insurance passed the U.S. House of Representatives by way of a unanimous 419-0 vote last week, and now the wait starts to find out whether the Senate starts moving forward on an equivalent bill. Private flood insurance ... » Learn More about Private flood insurance support bill in Senate’s hands
Home Owners Insurance
Flood insurance bill could bring relief to homeowners
Bill passed in the House of Representatives. Under current regulation, home owners who choose to purchase flood insurance within the private market rather than through the National Flood Insurance Program are permitted to, however they could face higher rates if they come back to the NFIP, based on ... » Learn More about Flood insurance bill could bring relief to homeowners
The clock is ticking on flood insurance reform
Taxpayers for Common Sense President Ryan Alexander, National Wildlife Federation President Collin O'Mara, and National Association of Realtors President Tom Salomone indicate that the National Flood Insurance Program (NFIP) is on the verge of a financial crisis and that reforms should be made to ... » Learn More about The clock is ticking on flood insurance reform