U.S. Senator Marco Rubio (R-FL) joined The World Over with Raymond Arroyo to discuss President-elect Donald Trump’s historic victory, the Democrats’ response to the election, foreign policy challenges facing our nation, and more. See below for highlights and watch the...
NOTICIAS
Últimas Noticias
ICYMI: Rubio Joins America Reports
U.S. Senator Marco Rubio (R-FL) joined America Reports to discuss President-elect Donald Trump’s historic victory, Democrats’ proclamation of “resistance,” and the failure of identity politics. See below for highlights and watch the full interview on YouTube and...
Inauguration Ticket Information
Senator Rubio's office is pleased to be issuing a limited number of tickets to President-elect Donald Trump's inauguration ceremony, which will occur on January 20, 2025 at the West Front of the U.S. Capitol. Floridians interested in receiving tickets should fill out...
ICYMI: Rubio Joins Hannity
U.S. Senator Marco Rubio (R-FL) joined Hannity to discuss President-elect Donald Trump’s historic victory. See below for highlights and watch the full interview on YouTube and Rumble. On the ongoing realignment among American voters: “The Republican Party now reflects...
Rubio: El Partido Republicano es Ahora una Coalición tanto Multiétnica como Multirracial Compuesta por Estadounidenses que Aman a su País
U.S. Senator Marco Rubio (R-FL) released a statement on the historic victory of Donald Trump and Republicans in the 2024 election. “America is undergoing a huge realignment, and the Republican Party is now a multi-ethnic, multi-racial coalition of hard-working...
ICYMI: Rubio: Trump Won by Putting Together the Most Diverse Coalition of American Voters in Modern History
U.S. Senator Marco Rubio (R-FL) joined Today to discuss President-elect Donald Trump’s historic victory and various policy challenges facing the country. See below for highlights and watch the full interview on YouTube and Rumble. On the ongoing realignment among...
Rubio And Colleagues Introduce Bill to Protect Flood Insurance Policyholders
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) joined Senators Cindy Hyde-Smith (R-MS), John Kennedy (R-LA), Bill Cassidy (R-LA), and Roger Wicker (R-MS) in introducing the Homeowner Flood Insurance Transparency and Protection Act to protect Florida homeowners with National Flood Insurance Program (NFIP) policies from the rate hikes that millions of policyholders are slated to see this week.
The Federal Emergency Management Agency (FEMA) is on course to fully implement its new Risk Rating 2.0 methodology nationwide on Friday, April 1. FEMA initiated the new system’s rollout in October despite warnings from Senator Rubio and others that it would increase premium costs for almost 80 percent of policyholders and risked driving as many as 900,000 to cancel coverage.The Homeowner Flood Insurance Transparency and Protection Act would allow NFIP policyholders to retain existing premium rates, rather than being forced into the new Risk Rating rates, until FEMA meets certain accountability and transparency requirements, such as releasing methodologies for how it calculates rates and projections of future premiums.
The bill follows related efforts from Senator Rubio to delay the implementation of Risk Rating 2.0 y reform the NFIP to make it more fiscally sustainable, while protecting policyholders from rate shocks and other disruptions.
“Despite my repeated warnings, the Biden Administration is going full steam ahead with implementing Risk Rating 2.0. As a result, the majority of policyholders will see rate increases this week,” Rubio said. “At the very least, homeowners deserve transparency with regard to the rate hikes – which is exactly what this legislation would provide.”
“FEMA is charging full force to impose Risk Rating 2.0 no matter the consequences. This legislation would protect homeowners and the overall health of the NFIP while FEMA responds to outstanding bipartisan concerns and questions about the methodology and rollout of this program,” Hyde-Smith said. “Policyholders deserve to know how much they are going to be paying over the full course of this program and why, especially during a time of record inflation and gas prices.”
“FEMA needs to be honest with the American people about rising premiums and changes to NFIP,” Cassidy said. “This bill would prevent FEMA from mandating Risk Rating 2.0 until they get their act together.”
Click here for a full list of cosponsors.