Trump’s flood insurance surcharge meets solid resistance from Jersey Shore

Marc
Hurricane Sandy Damage flood Insurance surcharge

Three federal lawmakers from that area say they will fight the proposal they’re calling unreasonable. Jersey Shore congressmen aren’t pleased about the proposed flood insurance surcharge the Trump administration has put forward. As a result they’ve said they intend to fight the proposal in order to stop what they feel is an unreasonable cost increase. The lawmakers said the surcharge for the insurance coverage will only cause more suffering. U.S. Congressmen Tom MacArthur (R-03), Frank A. LoBiondo (R-02) and Frank Pallone, Jr. (D-06) have agreed that the flood insurance surcharge…

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California insurance industry warned of “significant risk” from Oroville Dam

Logan B.
California insurance industry - flood program

Concern over the dangers presented from the 770 foot structure’s damaged spillway has not disappeared. The next rainy season is only months away and the California insurance industry faces a “significant risk” from the Oroville Dam and its damaged spillway. Experts are cautioning the industry, residents of the region and pretty much anyone else who will listen about that the next time the waters rise could end far worse than the last time. Raging waters last month caused America’s tallest dam to experience critical damage. That damage has yet to…

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Best insurance company for ethics title once again goes to Allstate

H. Cutner
Allstate best insurance company

For the third consecutive year, the insurer was deemed the 2017 most ethical company by the Ethisphere Institute. For the third year in a row, the Allstate Corporation was named the most ethical company by the Ethisphere Institute, making it the best insurance company for ethics for many consumers. The Ethisphere Institute has recognized the insurer as a global leader in establishing and improving ethical business practice standards. The designation was granted to the insurer in the form of the 2017 World’s Most Ethical Company. Allstate continually strives to be…

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GOP health care vote abruptly cancelled as Trump didn’t have the support

Julie Campbell
GOP tax plan health care vote - President Donald Trump Official Portrait

“We just pulled it,” said President Trump in a phone interview with the Washington Post. House Republican leaders suddenly cancelled the GOP health care vote and withdrew their rewrite of the law. A vote had been scheduled for 3:30 pm (ET) following dramatic attempts to gain support to pass the bill. On Thursday, it was already clear that there was inadequate support, but President Trump still scheduled a do-or-die vote for Friday. On Friday, the situation only worsened for the bill’s supporters as more Republicans leaned toward a “no” vote.…

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Health care vote likely today after delay from Trump’s failure to find support

Logan B.
Donald Trump - health care repeal

Despite extensive efforts to encourage members to see his side, the president has yet to gain enough votes. House leaders postponed the health care vote that had been expected to occur on Thursday. The GOP’s intention had been to repeal the Affordable Care Act. Trump and his supporters worked diligently to address demands made from lawmakers who refused to support the overhaul bill. Despite considerable efforts, Trump was unable to convince enough of the lawmakers to make it pass. The House Republicans met behind closed doors late in the day…

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