New Mexico Senator Introduces Post-Fire Flood Legislation
New Mexico’s two U.S. senators are pushing legislation that would make it easier for residents affected by wildfires on federal lands to take advantage of flood insurance administered by the Federal Emergency Management Agency.
Sen. Jeff Bingaman introduced the measure last week. Sen. Tom Udall is a co-sponsor.
Under current law, there’s a 30-day waiting period after flood insurance is purchased before coverage under a new contract can take effect.
The legislation would waive the waiting period in instances where fire creates or exacerbates a new flooding problem in areas where flooding would otherwise not be considered a significant threat.
Bingaman says the monsoon season is approaching and he wants to make sure residents have adequate flood protection.
Bingaman and Udall plan to press for an immediate vote on the bill.
- He Saved the Chocolates But Lost His Workers’ Compensation Insurance
- Uber Not Liable: Driver Was Not Logged in at Time of Accident, Florida Court Rules
- Cushman & Wakefield, Greystar Added to DOJ Rental Collusion Case
- Rising Number of Older Workers Brings New Considerations for Insurance Adjusters