UNION BEACH, N.J. -- Five years after Superstorm Sandy devastated towns along the New Jersey shore, Sen. Bob Menendez and Rep. Frank Pallone want changes made to federal flood insurance they said will fix a system that often failed beleaguered homeowners.
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"Where else does someone see Marco Rubio and Elizabeth Warren on the same bill?" Menendez said.
Menendez cited the case of a New Jersey family whose annual flood insurance premium rose from $600 to about $30,000 before it was corrected, due to a loophole in the flood mapping process. He said the proposed legislation would close some of the loopholes.
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April 16, 2024
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