Senator Calls For Changes To NFIP

United States Senator Charles Schumer believes that major changes must be made to the National Flood Insurance Program. The federal program is typically the only place that homeowners can find flood protection, but this coverage is provided by private companies that work with the program. These companies have fallen under harsh criticism in recent years due to their handling of claims related to Hurricane Sandy and other disasters that have produced claims.Senator Schumer wants the National Flood Insurance Program to abandon the system of private insurance companies it uses to manage policies and process claims.