U.S. House Votes to Double Flood Insurer's Borrowing Authority
September 9, 2005
Advisen -- Property
Source: Bestwire Service
"WASHINGTON (BestWire) - A bill doubling the borrowing authority of the National Flood Insurance Program has sailed unanimously through the U.S. House of Representatives, as claims from Hurricane Katrina appear likely to far exceed the program's $1.1 billion in reserves..."
Advisen -- Property
Source: Bestwire Service
"WASHINGTON (BestWire) - A bill doubling the borrowing authority of the National Flood Insurance Program has sailed unanimously through the U.S. House of Representatives, as claims from Hurricane Katrina appear likely to far exceed the program's $1.1 billion in reserves..."
posted by AVRECO at 8:48 AM
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