This bill requires the Federal Emergency Management Agency (FEMA) to allow a Write Your Own insurance company to sell private flood insurance. A Write Your Own insurance company is a private property insurance company that writes and services federal flood insurance policies in its own name.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
A bill to ensure that Write Your Own companies can sell private flood insurance products that compete with National Flood Insurance Program products.
USA117th CongressS-2913| Senate
| Updated: 9/30/2021
This bill requires the Federal Emergency Management Agency (FEMA) to allow a Write Your Own insurance company to sell private flood insurance. A Write Your Own insurance company is a private property insurance company that writes and services federal flood insurance policies in its own name.