NFIP Hearing

A bill (H.R. 920) that would amend the National Flood Insurance Act of 1968 to allow the National Flood Insurance Program (NFIP) to cover wind-related losses will be the focus of a hearing on Capitol Hill tomorrow before the House Financial Services Subcommittee on Housing and Community Opportunity. Otherwise known as the Multiple Peril Insurance Act of 2007, H.R. 920 was introduced earlier this year by Rep. Gene Taylor, D-Miss. Among those testifying tomorrow will be I.I.I. president and chief economist Dr. Robert Hartwig. Check the I.I.I. site for further  facts on the NFIP and for copies of Dr. Hartwig’s testimony.

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