"We write to urgently request that you delay the new
"It is our understanding that internal analysis shows that
"We are entering the height of hurricane season, and tens of thousands of Americans have already faced destruction of their homes and livelihoods by Hurricane Ida alone. Tragically, this historic storm led to at least 84 deaths and caused tens of billions in unmet needs and property damage," the senators continued.
The senators expressed several other concerns about Risk Rating 2.0, including the likelihood that NFIP providers would be overburdened with the responsibility of learning a new, untested rating system and the possibility that the NFIP's reputation could suffer, hurting the integrity and long-term solvency of the program.
"Given these uncertainties, we request that you delay implementation of Risk Rating 2.0 immediately in order to provide time for full Congressional oversight, coordination and correct and transparent implementation," the senators concluded.
Kennedy has consistently opposed Risk Rating 2.0:
Kennedy has also introduced legislation to extend the National Flood Insurance Program for one year, to
Read this original document at: https://www.kennedy.senate.gov/public/press-releases?ID=37336E53-BF10-42F4-B9F1-252ABE1B178E