Senate Rejects Changes To Flood Insurance Bill

The Senate has rejected a bid by Gulf Coast lawmakers to allow homeowners the option of adding wind coverage to their flood insurance. Florida Mississippi
by The Associated Press
Published: Wed, May 07, 2008 - 6:17 pm CST
WASHINGTON (AP) - The Senate has rejected a bid by Gulf state
senators to add wind coverage to a financially strapped federal
program that provides flood insurance.
Lawmakers from Louisiana and Mississippi cited problems that
occurred after Hurricane Katrina and other big 2005 storms when
private insurers covering wind damage claimed that destruction to
property resulted from flooding.
That shifted the burden of payments to taxpayers.
But the Senate voted 73-19 today (Wednesday) against the
amendment by Senator Roger Wicker, a Republican from Mississippi.
It would have provided optional multiple peril insurance as part
of the 40-year old National Flood Insurance Program.
The Senate is debating legislation to bail out and overhaul the
program, which expires at the end of September.


(Copyright 2008 by The Associated Press. All Rights Reserved.)

Breaking News Email



Post Your Comment

Recently Commented On

14 Year Old Charged As Adult…

45 Total Comments
14 Year Old Charged As Adult In Sex Crime A 14 year old boy accused of sexually abusing a 10 year… more »

Ala. Professor Accused of 3…

4 Total Comments
Ala. Professor Accused of 3 Killings Fired UAH spokesman Ray Garner confirmed Thursday that biology… more »

Miss. School Prom Off After…

7 Total Comments
Miss. School Prom Off After Lesbian’s Date Request Miss. School Drops Prom After Lesbian Student Asks To Bring… more »

Toddler Recovering After Dog…

1 Total Comments
Toddler Recovering After Dog Attack Animal control officials say a little girl was the victim… more »

Couple Wanted For Ripping Off…

2 Total Comments
Couple Wanted For Ripping Off Elderly Woman Police say the couple, claiming to be contractors with Prichard… more »

Related Topics

florida, mississippi, senate, hurricane, hurricane katrina, roger wicker, hurricane season, hurricanes, us senate, bill nelson, mel martinez, wind coverage,