flood insurance funding News

Hurricane-Battered Flood Insurance Program In Need of Funding

The U.S. National Flood Insurance Program, struggling with the costs of this year’s record hurricane season, will run out of money as early as Oct. 23 unless Congress takes action. The Federal Emergency Management Agency, which runs the taxpayer-subsidized flood …

Mississippi’s Palazzo Sought Katrina Aid, Voted Against Sandy Insurance Funds

U.S. Rep. Steven Palazzo says he voted against funding to pay the Hurricane Sandy flood insurance claims because of the deficit, but as the chief financial officer for the Biloxi Public Housing Authority in 2005, Palazzo asked for federal relief …

House to Vote on Flood Insurance Funds on Friday; Sandy Aid Later

Under fire from fellow Republicans from Sandy-stricken New York and New Jersey, House Speaker John Boehner, R-Ohio, today agreed to hold two separate votes on storm relief including one vote on Friday to make about $9 billion available to the …