Sandy claims problems spur N.J. lawmakers to demand FEMA review of insurers
WASHINGTON — A bipartisan group of 23 U.S. House members, led by Rep. Frank Pallone Jr., asked the Federal Emergency Management Agency Friday to increase its oversight of the private companies that handle flood insurance claims, such as those stemming from Hurricane Sandy.
The letter to FEMA Administrator W. Craig Fugate said the agency was four years overdue in issuing a rule allowing it to find out how much in profits the companies were making.
"It is inexcusable that FEMA has failed to provide proper oversight of those entities — especially when Congress has already empowered and required the agency to do so," said Pallone (D-6th Dist.).
Also Friday, U.S. Sens. Robert Menendez and Cory Booker (D-N.J.) sent their own letter to Fugate asking him to overhaul the entire flood insurance program.
Read more: http://www.nj.com/politics/index.ssf/2016/07/lawmakers_demand_fema_review_flood_insurance_compa.html