FEMA has asked Congress to do something it has never done before: drop some homeowners from flood coverage
From New York City to Louisiana, residents in areas pummeled by Hurricane Ida and its remnants surveyed damage to their properties. Most home policies don’t include flood coverage and President Biden asked insurance companies to not deny assistance to those who were forced to evacuate.
Photo: Adrees Latif/ReutersWASHINGTON—Lawmakers on the Senate Banking Committee expressed mixed views of a proposed overhaul of the government’s flood insurance program that calls for dropping coverage for frequently flooding properties and denying coverage for homes in the most flood-prone areas.
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