Sunday, February 19, 2012

Hagan urges action on National Flood Insurance Program reauthorization

U.S. Sen. Kay R. Hagan (D—N.C.), a member of the Senate Banking Committee, joined a bipartisan group of Senators in urging Senate leadership to take up the long-term reauthorization and reform of the National Flood Insurance Program. The Senate Banking Committee approved a unanimous, bipartisan version of the reauthorization in September 2011.
“North Carolinians hold over 137,000 policies through the National Flood Insurance Program,” said Hagan. “The National Flood Insurance Program is critical to homeowners in flood-prone regions, and the bill we passed out of the Senate Banking Committee will restore the program’s solvency while ensuring coverage remains available to homeowners. NFIP is simply too important to operate on short-term reauthorizations, and I urge my colleagues to take up this bipartisan bill that is so important for families in North Carolina and across the country.”
For more information and to see a copy of the letter, click here.

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