While the insurance industry is set to offer its own proposals for fixing the National Flood Insurance Program, at least one senator would like to find out what the White House has in mind.
At a hearing of the Senate Banking Committee last week, Sen. Paul Sarbanes, D-Md., ranking member of the panel, asked a witness from the Federal Emergency Management Agency when the Bush administration would offer its views on reforming the program.
"You're the experts, supposedly," he said to David Maurstad, acting director and federal insurance administrator of the mitigation division at FEMA. "Why shouldn't it be your responsibility to fix the flood insurance program?"
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