flood insurance requirement News

The House of Representatives voted 264-155 today to pass bipartisan legislation that encourages the sale of private flood insurance in place of policies from the federal government in high risk areas where flood insurance is required. The bill would give …

Iowa’s top insurance regulator is backing the University of Iowa in a dispute with the federal government over how much insurance the campus must carry after rebuilding from the 2008 flood. Insurance Commissioner Nick Gerhart has asked the Federal Emergency …