WASHINGTON--U.S. Sen. Charles Schumer, D-NY, said he is pushing congressional legislation he hopes will improve the homeowners insurance market for residents of Long Island and other coastal areas of his state.

Mr. Schumer, a powerful member of his party, said he is backing a measure passed recently by the Senate Banking Committee to create a commission to determine whether the private insurance market has the resources to deal with catastrophic natural disasters.

In a statement, he said he wants Congress to act promptly on the legislation "with the goal of increasing availability and affordability of insurance in communities like Long Island," because "they are being targeted by insurance companies for reductions of coverage."

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