Industry Pushes Back On Effort to Kill NFIP

While the National Flood Insurance Program has never enjoyed an abundance of popularity on Capitol Hill, it has rarely faced unmitigated hostility. That is changing light of an amendment offered to H.R. 1309, the Flood Insurance Reform Act of 2011. Filed by Rep. Candice Miller, (R-Mich.), the amendment calls for the program to be shut down as of January 2012 and would instead allow states to form regional insurance compacts to spread risk.