The legislation--HR 3121--combined previously introduced flood reforms designed to increase the number of consumers in the program and reduce subsidies for some properties with a bill introduced

Reps. Ron Klein, D-Fla., and Tim Mahoney, D-Fla., introduced the legislation to help stabilize the catastrophic insurance market without adding to taxpayers' burden. The bill, known as the Homeowners

Reps. Ron Klein, D-Fla., and Tim Mahoney, D-Fla., introduced the legislation to help stabilize the catastrophic insurance market without adding to taxpayers' burden. The bill, known as the Homeowners

The added five years, which would keep the program running until 2022, came via an amendment proposed by Rep. Peter King, R-N.Y., the former chairman and current ranking minority member of the House H

This fall, the legislation, HR 3121, will move to the House floor for action. It combines previously introduced flood reforms designed to increase the number of consumers in the program and reduce sub

This fall, the legislation, HR 3121, will move to the House floor for action. It combines previously introduced flood reforms designed to increase the number of consumers in the program and reduce sub

WASHINGTON--Legislation extending the Terrorism Risk Insurance Act for 10 years cleared its first key hurdle late yesterday when a House Financial Services Subcommittee approved it and sent it to the f

The Bush administration is against expanding the National Flood Insurance Program to include windstorm coverage, a Treasury official bluntly told a House subcommittee last week, placing a major