Latest Take On Flood Insurance In House Sets Off Criticism

Law360, New York (February 24, 2014, 6:39 PM EST) -- The U.S. House of Representatives is set this week to consider newly proposed legislation that would repeal provisions of a 2012 law requiring rate hikes to the National Flood Insurance Program, a version that sparked protests Monday from those on both sides of the controversial issue.

The measure was released Friday, about a week after House Majority Leader Eric Cantor, R.-Va., chastised the Senate for passing an "irresponsible" bill that nixed much-needed reforms to the National Flood Insurance Program. 

The new edition of H.R. 3370 would...
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