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May 15, 2006

Politics Stalls Plan to Bolster Flood Insurance

By Amanda Lang

The drive to restructure the perennially underfinanced program -- another casualty of Katrina -- has been blocked by real estate interests, who worry that requiring millions more people to buy flood insurance would stifle development, and by lawmakers from areas that rarely flood who see their constituents as supporting those who are frequently flooded, particularly in the South.

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The drive to restructure the perennially underfinanced program -- another casualty of Katrina -- has been blocked by real estate interests, who worry that requiring millions more people to buy flood insurance would stifle development, and by lawmakers from areas that rarely flood who see their constituents as supporting those who are frequently flooded, particularly in the South.

Authors Bio:

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.


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