President Donald Trumps emergency management director said hes pushing for an overhaul of disaster relief so that states, cities and homeowners bear more of the costs.
The regulation would impose on states a 'disaster deductible' a requirement that states shoulder some of the recovery costs up front, before receiving federal dollars.
The election of Donald Trump as president and a Republican majority in both houses of Congress will bring about a unique opportunity to re-examine the regulatory framework for insurance.