Quincy Making Waves Coalition

November 19, 2014  The hearing called by the Subcommittee on Housing & Insurance is entitled “Opportunities for a Private and Competitive Sustainable Flood Insurance Market.”  The afternoon hearing will focus on H.R. 4558, the Flood Insurance Market Parity and Modernization Act of 2014, introduced in May by Reps. Dennis Ross and Patrick Murphy, both from Florida. The bill would clarify that private coverage satisfies the requirement for purchasing flood insurance under federally-backed home mortgages.