Democrats Reiterate Call for Field Hearing on National Flood Insurance Program
House Financial Services Committee Democr
Democrats Reiterate Call for
The lawmakers sent an initial request to Committee Chairman
Full text of the letter is below.
The Honorable
Chairman
Financial Services Committee
We are writing to follow up on the request for a field hearing in
In the aftermath of the flooding, residents of the
Although hundreds of thousands of homes were affected, only 28,700 claims have been filed under the National Flood Insurance Program (NFIP). This small figure should raise alarm bells for the members of this Committee. We must reconsider the signals that we are sending to individuals who may be outside of the special flood hazard area on the flood insurance rate maps, but are still very much in danger of flooding. Thousands of homeowners and renters were not required to purchase the coverage and therefore believed that they were safe from flooding. Without the benefit of insurance coverage, these individuals are now left to pick up the pieces with federal disaster assistance as their only option.
As the committee with jurisdiction over the NFIP, we have a responsibility to the victims of this tragic incident to look for ways to better protect the American people from this kind of disaster in the future. I urge you to grant our request for a field hearing so that our Committee can do just that.
Sincerely,
Ranking Member
Ranking Member, Subcommittee on Housing and Insurance
Member of
cc: Honorable
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