Will Congress act on looming NFIP rate increases?

09/12/2013 | PropertyCasualty360

A House continuing resolution that would keep the federal government running through mid-December contains no language to postpone some rate increases mandated by the Biggert-Waters Act, according to this article. A vote on the continuing resolution has been delayed. The Senate banking committee plans to conduct a hearing Wednesday on the matter, while lobbyists said a House committee hearing could occur next month.

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