Fee cuts for NFIP Write Your Own agents pass key panel

Key parts of a Republican-backed legislative package to keep the
US National Flood Insurance Program running for five more years
passed a major hurdle today in Congress and moved toward
consideration by the full House of Representatives.
Provisions winning favour today included one that would slice
fees to Write Your Own (WYO) companies by 7 percentage points to 25
percent of premiums and another that would remove rules that
prevent WYO participants from offering private coverage alongside
NFIP