“The bill by Ross and Murphy would amend the 1973 law to clarify that flood insurance offered by a private carrier outside of the NFIP can satisfy the mandatory purchase requirement.”
Why change the law? No need to – it just needs the Obama’ interpretation, like the one declaring that federal government exchanges can be substituted for State exchanges.
“The bill by Ross and Murphy would amend the 1973 law to clarify that flood insurance offered by a private carrier outside of the NFIP can satisfy the mandatory purchase requirement.”
Why change the law? No need to – it just needs the Obama’ interpretation, like the one declaring that federal government exchanges can be substituted for State exchanges.