U.S. House leaders assured an overflow crowd Monday night that they are behind U.S. Rep. Gene Taylor, D-Miss., as he joins a conference committee to push for multiperil insurance coverage for coastal Americans.
Residents and community leaders gave House Speaker Nancy Pelosi,D-Calif., a standing ovation for her support of the bill, which passed the House earlier this year but failed in the Senate. Pelosi has appointed Taylor to a conference committee that will work on compromise legislation.
Pelosi later told the Sun Herald that, while she is determined to work for wind coverage as part of the National Flood Insurance Program, a compromise might be necessary for a more limited pilot program. She said that U.S. Sen. Chris Dodd, D-Conn., who led Senate opposition to wind coverage in the NFIP bill, has indicated he wants to find a solution.
Magnolia Tribune
