NU Online News Service, June 24, 2:42 p.m. EDT
As Congress works under imminent deadline to deal with the future of the critical National Flood Insurance Program, it is getting conflicting advice as to how it should move to shore up the program, with the Write-Your-Own (WYO) program getting particular attention.
At a Thursday Senate Banking Committee hearing, Sen. Tim Johnson, D-S.D., chairman of the panel and other committee members were told by insurance officials in submitted testimony that reauthorization of the program is essential.
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