Wicker Says Flood Insurance Bill Moving Forward in Senate
Senator to Offer Amendment to Add Multiple-peril Coverage

From: Office of Sen. Roger Wicker   Filed 5/5/08  GCN

WASHINGTON – U.S. Senator Roger Wicker (R-Miss.) today announced his intention to offer an amendment to add multiple-peril coverage to legislation to reauthorize the National Flood Insurance Program.  The Senate is expected to consider the legislation this week and vote on Wicker’s multiple-peril amendment.

“This is an important step for people along the Gulf Coast and other coastal areas whose lives have been significantly impacted by unaffordable insurance rates,” Sen. Wicker said.  “Catastrophic  coverage in the event of a hurricane should be seamless.  Property owners shouldn’t have to go to court to fight over whether it was wind or water that destroyed their home or business.  Multiple-peril coverage would help future storm victims avoid this problem, and it would also protect American taxpayers from having to pay for giant disaster relief packages the next time a hurricane hits.”

The Senate could begin working on the National Flood Insurance Program legislation as early as tomorrow.  Sen. Wicker’s multiple-peril amendment, which is cosponsored by Sen. Thad Cochran, would likely be considered later in the week.