Wednesday, January 2, 2013

Breaking News: House to Vote on Flood Insurance Funds on Friday; Sandy Aid Later

Insurance Journal Breaking News
January 2, 2013

Breaking News Alert

House to Vote on Flood Insurance Funds on Friday; Sandy Aid Later

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Under fire from fellow Republicans from Sandy-stricken New York and New Jersey, House Speaker John Boehner, R-Ohio, today agreed to hold two separate votes on storm relief including one vote on Friday to make about $9 billion available to the National Flood Insurance Program (NFIP), which is running out of funds to pay Sandy flood claims.

Boehner promised that a second vote on supplemental disaster aid for states hit by Superstorm Sandy will be held on Jan. 15, the first day of the new 113th Congress.

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