Legislation has been introduced in Congress that would clarify that private flood insurance should be an option available to homeowners.
The Flood Insurance Market Parity and Modernization Act of 2014, S. 2381, was introduced in the Senate by Sens. and Jon Tester, D-Mont., and Dean Heller, R-N.V., Thursday.
The House companion bill, H.R. 4558 was introduced by Representatives Dennis Ross, R-Fla., and Patrick Murphy, D-Fla, May 1.
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