For those of you who missed this afternoon's Senate Banking Committee Hearing on the Implementation of the Biggert-Waters Flood Reform Act of 2012, you can watch it in its entirety at the below link
http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.LiveStream&Hearing_id=46b52a52-4d45-4c47-8ddc-de2f32cd348e
This was just a hearing on this issue and will not result in any legislative changes to the Biggert-Waters Act by Congress or delay of rate increases by FEMA and the NFIP.
The hearing lasted some two and half hours but it is well worth viewing this this video in its entirety.
I will be posting a summation of the hearing later tonight.
Peter Mahon
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