Senators Press FEMA For Flood Insurance Metrics Amid Price Concerns

A bipartisan group of senators is floating legislation that would require the Federal Emergency Management Agency (FEMA) to provide more data on its updated flood insurance rates, arguing policyholders need the information to prepare for potential rate hikes and minimize premiums by taking mitigation steps like elevating construction. “FEMA continues leaving Louisianans and 5 million Americans in the dark about rising premiums and changes to” the National Flood Insurance Program (NFIP), charges Sen. Bill Cassidy (R-LA) in a press release...