Bill to delay NFIP rate hikes faces hurdles in Congress

11/20/2013 | Associated Press, The

Many lawmakers are opposing legislation aimed at delaying flood insurance rate increases. Those backing the higher rates argue that the changes are needed to make rates actuarially sound. "What we're trying to do is separate fact from fiction here. And we're hearing a lot of rumors. And some of those rumors ... it turns out are not as represented," said Rep. Randy Neugebauer, R-Texas.

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Associated Press, The

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