Is part of the problem... the lack of information that they are really in a floodplain area or marginal area?
Now, if you are not going to charge for the risk, who is going to be charged for the risk?
I totally agree with that. Either you buy it or you get no Federal assistance.
The National Flood Insurance Program was established in 1968 and was designed to reduce the burden on taxpayers stemming from Federal disast...
The GAO recommended that the write-your-own program have more transparency and accountability.
Updated maps are important for two reasons: first, they warn developers and homeowners about the risk of developing or living in a floodplai...
Where are we in our mapping program, roughly, as to where we were, say, four or 5 years ago?
Discuss how the newly grandfathered category works. Is it a permanent category?
But if we do not get--first, define what actuarially sound means, and get to this, it seems to me that every time there is a catastrophic ev...
The severity of this year's weather highlights the need for the National Flood Insurance Program to be reauthorized and placed on a sustaina...
Although the flood program expires in a few months, I am confident that the Committee can successfully work together to, once again, pass bi...
I have been around politics for 40 years. You are absolutely right. Watch the promises.
Accordingly, it is my hope that this year we can pass a long-term extension of the flood program that includes the reforms needed to make th...
It is my understanding that FEMA has created a new category of what you call grandfathered categories for homes that have been mapped into r...
In the Flood Insurance Program as we currently have, and we keep kicking the can down the road, it is basically, one, broken, and it is very...
Every aspect of the program I believe must undergo significant revision for it to survive and to continue on a sustainable path.
I believe we must ensure that the program requires wealthy participants to pay the full cost of their insurance.
Today the program is nearly $18 billion in debt and has problems even servicing that debt.
