In the News
Congress extends flood insurance program through hurricane season
We’ve been here again and again,” said R.J. Lehmann, director of finance, insurance and trade policy at the R Street Institute, a nonprofit policy research organization.
Lehmann said that since September, the program has been extended seven times.
SmarterSafer, a coalition of environmental, taxpayer, insurance and housing organizations including R Street, said in a statement that Congress should stop allowing short-term extensions to “reinforce the status quo,” and for a “smarter, safer and more robust system of flood insurance to protect the people and property in the path of severe weather events.”