WASHINGTON, May 14 -- Sen. Bill Cassidy issued the following press release:
U.S. Senator Bill Cassidy, M.D. (R-LA) delivered a speech on the U.S. Senate floor highlighting the growing flood insurance affordability crisis ahead of hurricane season and calling for long-term reform of the National Flood Insurance Program (NFIP). He urged colleagues to address rising costs driven by the Biden-era Risk Rating 2.0 policy and act before the next storm threatens Louisiana families.
"Every year, more and more people have to drop their National Flood Insurance Program coverage because it is too expensive and too unreliable, so this is about making flood insurance affordable again," said Dr. Cassidy.
"I tell folks, I wake up every morning and think...