Rep. Higgins Blasts Trump Proposal for Increased Flood Insurance Fees to Help Pay for the Wall
Congressman
"Property owners living in federally designated flood zones are already made to pay hundreds of dollars in additional insurance protection for floods most will never see," said
"To further burden flood zone homeowners and small business owners would be outrageous and unfair. The President suggested
The National Flood Insurance Program (NFIP) was established through the National Flood Insurance Act of 1968. The program, administered by
The
In the letter Higgins and other members propose the FY18 budget include the following language to protect people required to pay into the NFIP: "No portion of flood insurance premiums, including any and all fees, shall be used to pay for the construction or any related expenses for the border wall between the
Higgins has been an outspoken opponent of the


Sen. Inhofe Applauds Trump Directive to Aid Northwest Oklahoma Following Devastating Wildfires
Rep. Maloney & Sen. Markey Introduce Legislation During National Public Health Week to Reduce Gun Violence
Advisor News
- Why advisors should offer retirement-longevity planning
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
- Embracing a family-centric approach to financial planning
More Advisor NewsAnnuity News
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Affirms Credit Ratings of PT KB Insurance Indonesia
- Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company
- Bismarck man convicted of insurance fraud involving dead wife sentenced to prison
- Insurers, rating firms push back on NAIC credit rating oversight plan
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
More Life Insurance News