Maxine Waters News

Congress Examines Insurer Diversity; Results ‘Disappointing,’ Lawmakers Say

The insurance industry still has a lot of work to do when it comes to diversity, equity and inclusion. In fact, despite a strong DEI push across the industry, there was little change in racial, ethnic and gender representation among …

House Committee Approves 5-Year Flood Insurance Extension with Bipartisan Reforms

A key House committee has passed legislation to renew the National Flood Insurance Program for five years and institute various reforms. The House Financial Services Committee, by a bipartisan vote of 59 to 0, approved the comprehensive measure (H.R.3167) that …

Analysts Weigh Chances Next Congress Will Actually Reform Flood Insurance

With the clock ticking on the National Flood Insurance Program’s authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of several routes: passing a bill to extend …

Coastal Lawmakers Seek Delays in Flood Insurance Changes, Rate Hikes

Just a year after Congress imposed significant changes in the government’s oft-criticized flood insurance program, howls of protest from homeowners facing higher premiums have coastal lawmakers pressing for delays that would preserve below-cost rates for hundreds of thousands of people …