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Accountability for Consultants in Flood Insurance Program

New rules allow FEMA to terminate contracts with firms and lawyers acting detrimentally to the flood insurance program. This aims to protect the program and its participants from unfair practices, potentially leading to more stable and equitable insurance for citizens.
Key points
FEMA can terminate contracts with entities harming the flood insurance program.
Terminated entities will not receive early termination payouts.
An appeal process is established for entities whose contracts are terminated.
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Additional Information
Print number: 117_S_2143
Sponsor: Sen. Kennedy, John [R-LA]
Process start date: 2021-06-21