Senate Re-Election Politics Boosts Flood Insurance Delay Proposals

By Laura Litvan and Kathleen Hunter | January 16, 2014

  • January 16, 2014 at 1:33 pm
    Libby says:
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    What a bunch of political bullshit! Why don’t they pay attention to what’s happening NOW and let the 2014 elections take care of themselves.

    • January 16, 2014 at 4:59 pm
      Because, Libby says:
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      People would see them for what they really are..inept, impotent, childlike idiots that want to take their ball & go home.

  • January 17, 2014 at 12:07 pm
    Bill says:
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    Congressional Research Service produced a report Feb 6 /13 showing Premiums and Claims paid by NFIP. The List was not totaled .
    We totaled the columns 1972 > 2011
    Premiums were $46 Bil. – Claims paid $40.5 Bil = $5.5 Bil surplus 12/30/11.
    The Report then said Deficit in program was %17.5 Bil / June 2012.
    How can that happen in 6 months ?
    I think there are some rats in the woodpile.
    Bill Price USlandAlliance.US

    • January 21, 2014 at 8:41 am
      Libby says:
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      Because they can’t operate on a 12% margin, which is what $5.5B is to $46B. They pay the WYO carriers 30% off the top for administrative services alone.



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