NU Online News Service, June 22, 3:50 p.m. EDT
A group comprised of members from the insurance industry, environmental organizations and consumer advocates has written lawmakers urging them to oppose the Homeowners Defense Act.
SmarterSafer.org said the bill, H.R. 2555, will require taxpayers throughout the U.S. to "subsidize insurance for wealthy homeowners along the Florida coastline."
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