03/16/2010
https://www.congress.gov...
"That is not the way the Flood Insurance Program works, and I am mystified as to why banks and NFIP do not work together to enforce this requirement as aggressively as banks enforce the other types of ..."
"I believe that a Standardized Loss Allocation model as Senator Wicker's COASTAL Act envisions is such a solution."
"This is the approach that Senator Wicker's bill takes and it is one I believe that the Committee should take care to continue and to clarify in the bill's legislation language."
"We share Senator Wicker's goal of ensuring timely and fair claims payments to victims of natural disasters."