Senators call for reform as National Flood Insurance Program faces lapse ...Middle East

The Hill - News
Senators call for reform as National Flood Insurance Program faces lapse
Sen. John Kennedy (R-La.) led calls for reform of the National Flood Insurance Program during a hearing Thursday, accusing the Federal Emergency Management Agency (FEMA) of lying to homeowners about their insurance rates. The FEMA-run program provides flood insurance to property owners, renters and businesses. Unless lawmakers move to reauthorize, it is set to lapse on Feb. 2, 2024.  Kennedy said at a Senate Committee on Banking, Housing and Urban Affairs hearing that the program needs to be reworked to make it look "like somebody designed it on purpose."  In September, FEMA announced that more than 1 million policyholders would see a decrease in their premiums when their policy wa

Hence then, the article about senators call for reform as national flood insurance program faces lapse was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Senators call for reform as National Flood Insurance Program faces lapse )

Apple Storegoogle play

Last updated :

Also on site :