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Sunday, May 5, 2024

Cassidy Demands Congress Keep Flood Insurance Affordable

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Senator Bill Cassidy | Sen. Bill Cassidy Official Website

Senator Bill Cassidy | Sen. Bill Cassidy Official Website

U.S. Senator Bill Cassidy, M.D. (R-LA) has taken a stand on the U.S. Senate floor, demanding Congress to take action and ensure that the National Flood Insurance Program (NFIP) remains affordable. Dr. Cassidy emphasized the urgency of the situation, especially in the aftermath of severe flooding in Louisiana. He stated, "Last week, we saw terrible flooding in parts of Louisiana."

Highlighting the significant impact of escalating premiums on Louisiana residents, Dr. Cassidy pointed out, "NFIP premiums in Louisiana are expected to go up by 234%, with some zip codes increasing as much as 1,100%." The Senator expressed his concern about the increasing financial burden faced by families, stating, "Insurance—just like everything else in this country—has become unaffordable."

Dr. Cassidy has been actively advocating for the protection of American homes reliant on NFIP, urging Congress to address the pressing issues surrounding flood insurance. He has introduced legislation such as the National Flood Insurance Program Reauthorization Act, aiming to provide stability and implement reforms to reduce costs for policyholders.

The Senator's efforts have garnered support from various organizations and individuals, including key figures like New Orleans Chamber of Commerce President and CEO Sandra Lindquist. Dr. Cassidy's persistent advocacy reflects his commitment to ensuring that families across the nation can afford essential flood insurance coverage.

In his address to Congress, Dr. Cassidy emphasized the critical need for action, stating, "Congress has the power to reverse this trend. We need to step up now." He urged his colleagues to engage with the NFIP Reauthorization and Reform Act, emphasizing the importance of collaboration in addressing the challenges faced by policyholders.

As the debate on flood insurance affordability continues, Senator Bill Cassidy's unwavering dedication to advocating for accessible and affordable insurance coverage remains a driving force in Congress.

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