RAA looks to block congress from derailing flood bill

The Reinsurance Association of America (RAA) has written to
representatives of the US Congress in a bid block the
implementation of a bill that would derail a new flood
initiative.
The trade body, which represents reinsurers across the US, said
the Federal Flood Risk Management Standard would be at risk if the
bill was made law.
The proposed standard would ensure that federal taxpayer-funded
facilities and infrastructure are built with "an appropriate,
higher level of resilience to flood-related