US Senators Bill Cassidy, MD (R-LA) and John Kennedy (R-LA) released a joint statement today warning against the inclusion of the Flood Insurance Market Parity and Modernization Act in the Federal Aviation Administration (FAA) reauthorization bill, rather than as part of comprehensive flood insurance reform:
“The decision to include this flood insurance measure on the FAA reauthorization bill, and not as part of comprehensive flood insurance reform, is greatly concerning. This would be a disservice to millions of families across the U.S., especially those families still recovering from the recent hurricanes. We need Congress to act on a long-term reauthorization of the NFIP that will provide these families with affordable insurance and peace of mind.”