federal flood insurance program News

Senate Passes $36.5B Disaster Aid Bill; President Signature Next

The Senate passed a $36.5 billion emergency aid measure Tuesday to refill disaster accounts, provide a much-needed cash infusion to Puerto Rico, and bail out the federal flood insurance program. The 82-17 vote sends the measure to the White House, …

New Jersey Governor Says Fed Requirements Delaying Sandy Aid

New Jersey Gov. Chris Christie drew applause by bashing the federal flood insurance program at a town hall in a community hit hard by Superstorm Sandy. The governor is also complaining about the federal bureaucracy that he says is delaying …

Bill to Delay Flood Insurance Hikes Likely to Pass in a Few Days

Bipartisan legislation that would delay flood insurance premium hikes for hundreds of thousands of people living in coastal and low-lying areas cleared its first hurdle in the Senate on Monday. The 86-13 vote demonstrated that the measure had filibuster-proof support …