House of Representatives votes on 30-day flood insurance program extension

Flood insurance

Federal bill would authorize new research to look into ways to draw private insurers into the marketplace. The House of Representatives is voting on a 30 day extension for the federal flood insurance program, which would also authorize a new study that would look into various ways that could help to attract more private carriers into the market. The vote is expected to pass, so that the extension can begin and the research can move forward. A different short-term extension was offered in the Senate by Majority Leader Harry Reid…

Read More