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Flood Insurance

Senate Passes Flood Insurance Reform, Heads to President for Signature

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In an overwhelmingly bipartisan vote of 72-22, today the U.S. Senate approved comprehensive legislation designed to end unaffordable flood insurance rate hikes.  Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, lauded passage of H.R. 3370, the Homeowner Flood Insurance Affordability Act. For months, Waters led a Democratic effort to…

Comprehensive Flood Insurance Legislation Passes House

| Posted in Press Releases

In an overwhelmingly bipartisan vote of 301-91, today the U.S. House of Representatives passed comprehensive legislation designed to end unaffordable flood insurance rate hikes.  Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, today lauded passage of H.R. 3370, the Homeowner Flood Insurance Affordability Act. For months, Waters led a…

Waters, Richmond Endorse Bipartisan Flood Insurance Legislation

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Following weeks of negotiations between members of the House of Representatives and the U.S. Senate, Congresswoman Maxine Waters (D-CA), top Democrat on the Financial Services Committee and Congressman Cedric Richmond (D-LA) today threw their support behind comprehensive legislation designed to end unaffordable flood insurance rate hikes. For months, Waters led a Democratic effort to…

GOP, Waters Reach Deal on Flood Bill

| Posted in In Case You Missed It

Reforms to flood insurance approved by Congress in 2012 would be scaled back under a deal reached Monday by House Republicans and Democrats. The rare bipartisan deal, which GOP leaders plan to bring to the floor for a vote on Tuesday, responds to complaints from flooded-out constituents who said the 2012 law would require them to pay much more for federal flood insurance. But the…

Waters Cites Progress in Flood Insurance Discussions

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Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, released the following statement on the progress of negotiations with GOP leader Eric Cantor regarding legislation to address rising flood insurance premiums. "We have made important progress on legislation that will provide relief to those facing unaffordable flood insurance premiums. I…

Divided Republicans Turn to Rep. Waters

| Posted in In Case You Missed It

A politically fraught fight over flood insurance has prompted a split between the House Republican leadership and a top committee chairman, forcing senior GOP lawmakers to bargain for votes instead with liberal Rep. Maxine Waters (Calif.), the panel’s top Democrat. GOP leaders have struggled to gain enough support to pass a House alternative to flood insurance legislation the Senate…

As Discussions Continue on Flood Insurance, No Deal Yet

| Posted in Press Releases

As Republicans in the House of Representatives release legislation intended to address dramatic flood insurance premium increases, Congresswoman Maxine Waters (D-CA), a leader of the effort to stop the problem, expressed her concerns with the legislation as currently written. “Although there have been productive conversations with Republican leadership, I still have significant concerns…

BREAKING NEWS: Majority of House Coauthor Flood Relief Bill

| Posted in Press Releases

Legislation could pass today if brought up for a vote Over the past several days, the effort to delay unaffordable flood insurance premiums has reached a boiling point. Today, in the face of two weeks of significant obstruction by Republican leadership, Congresswoman Maxine Waters (D-CA) announced that a substantial majority of the House of Representatives – 231 members – have signed on…

House Republicans Again Block Consideration of Flood Insurance Relief

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For the third time in two weeks, House Republicans rejected a Democratic procedural motion to bring bipartisan legislation that would delay the implementation of flood insurance increases up for a vote. Using a parliamentary procedure to order the "previous question," Republicans blocked an effort to bring H.R. 3370, the bipartisan Homeowner Flood Insurance Affordability Act, to the…

For the Second Time, House Republicans Block Consideration of Flood Insurance Relief

| Posted in Press Releases

For the second straight day, House Republicans rejected a Democratic procedural motion to bring bipartisan legislation that would delay the implementation of flood insurance increases up for a vote. Again using a parliamentary procedure to order the "previous question," Republicans blocked an effort to bring H.R. 3370, the bipartisan Homeowner Flood Insurance Affordability Act, to the…

House Republicans Block Consideration of Flood Insurance Relief

| Posted in Press Releases

Waters Calls for Immediate Passage of Legislation to Delay Flood Insurance Rate Hikes Today, House Republicans rejected a Democratic procedural motion to bring bipartisan legislation that would delay the implementation of flood insurance increases up for a vote. Using a parliamentary procedure called the "previous question," House Republicans blocked an effort to bring H.R. 3370, the…

Senate Passes Critical Flood Insurance Legislation

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Waters Calls for Immediate Action by the House Following Senate passage of bipartisan, bicameral legislation to fix the National Flood Insurance Program (NFIP), Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, released the following statement: “This is a huge step toward providing much needed relief for our nation’s homeowners. Yet the…

Waters Applauds Senate Vote on Flood Bill

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Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, lauded tonight’s Senate vote to move forward with debate on the Homeowner Flood Insurance Affordability Act, bipartisan legislation introduced in the House and Senate to fix the National Flood Insurance Program (NFIP). The Senate voted 86-13 on the procedural motion, which would delay increases…

Waters: Cassidy Flood Insurance Bill Provides No Assistance to Those Already Hurting

| Posted in Press Releases

In reaction to legislation introduced by Rep. Bill Cassidy (R-LA), Congresswoman Maxine Waters (D-CA) the top Democrat on the Financial Services Committee and co-author of the Biggert-Waters flood insurance bill, today expressed her strong opposition to the measure. “Time and again, I have made clear that I am committed to resolving the problems that have resulted from the implementation…

Waters Calls on Congress to Address the National Flood Insurance Program

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Today, at a hearing to examine the National Flood Insurance Program (NFIP), Congresswoman Maxine Waters¸ Ranking Member of the House Financial Services Committee, asked FEMA administrator Craig Fugate tough questions about its implementation of the NFIP, and why he had not notified lawmakers of dramatic rate increases that many are experiencing as a result of changes to the Program.…

Coalition of Over 80 Members of Congress Introduce Legislation to Address Flood Insurance Rate Increases

| Posted in Press Releases

On the one year anniversary of Superstorm Sandy, a broad, bipartisan coalition of over 80 Members of the House of Representatives have introduced a legislative solution to fix the National Flood Insurance Program (NFIP) and ensure changes are implemented affordably. The legislation, led by Representatives Maxine Waters (D-CA), Michael Grimm (R-NY) and Cedric Richmond (D-LA), calls for a…

Waters Announces Deal to Repair Flood Insurance Program

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, has announced a bipartisan legislative solution to fix the National Flood Insurance Program (NFIP) and ensure changes are implemented affordably. In essence, the legislation calls for a four-year delay to the program and requires FEMA to complete an affordability study and propose regulations that…

Waters Calls on Congress to Address Flood Insurance Rate Increases

| Posted in Press Releases

On the eve of a multi-state rally to “Stop the Exorbitant Rise in Flood Insurance Premiums,” Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, released the following statement: “I am outraged by the increased costs of flood insurance premiums that have resulted from the Biggert-Waters Act. I certainly did not intend for these types of outrageous…

Eight Years after Katrina, Ranking Member Waters Pledges Continued Commitment to the People of the Gulf

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, today released the following statement expressing her continued commitment to the people of the Gulf Region, many of whom are still dealing with the aftermath of Hurricane Katrina. “On the eighth anniversary of the landfall of Hurricane Katrina, I stand with the people of the Gulf Region in remembrance…

Waters Leads Letter Urging FEMA to Act to Keep Flood Insurance Rates Affordable

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Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, along with 26 colleagues sent a bipartisan letter to Craig Fugate, Administrator of the Federal Emergency Management Agency (FEMA), urging him to use any discretionary authority available to address an unintended consequence of the Biggert-Waters Flood Insurance Reform Act. Ranking Member Waters’ letter…

Waters Applauds Passage of Bipartisan Amendment

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Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, made the following statement yesterday on the floor of the U.S. House of Representatives. Ranking Member Waters called for bipartisan support to an amendment, offered by Rep. Bill Cassidy (R-LA) that would delay implementation of Section 207 of the Biggert-Waters Flood Insurance Reform Act of 2012, and…

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