![Obama To Sign Relief From Flood Insurance Hikes](http://townsquare.media/site/36/files/2013/05/Flooding-Pic-Abbeville-630x472.jpg?w=980&q=75)
Obama To Sign Relief From Flood Insurance Hikes
WASHINGTON (AP) — President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills.
The legislation reverses much of a 2012 overhaul of the government's much-criticized flood insurance program after angry homeowners facing sharp premium hikes protested.
A Senate vote Thursday sent the House-drafted measure to Obama. White House officials say he'll sign it.
The bill will scale back big flood insurance premium increases faced by hundreds of thousands of homeowners. The measure also will allow below-market insurance rates to be passed on to people buying homes in flood zones with taxpayer-subsidized policies.
Critics say Washington is caving to political pressure to undo one of the few recent overhauls it's managed to pass.
More From News Talk 96.5 KPEL
![Don’t Gamble with Your Future; Get Flood Insurance](http://townsquare.media/site/36/files/2021/06/Flooding-Photo-courtesy-of-Chris-Gallagher.jpg?w=980&q=75)
![One Third Of Flood Claims Came From Moderate/Low-Risk Zones](http://townsquare.media/site/33/files/2020/09/GettyImages-1269122315.jpg?w=980&q=75)
![Apparently, Obama (Possibly) Has A Fake Instagram And The Internet Is Going Crazy Trying To Find It](http://townsquare.media/site/34/files/2020/09/Screen-Shot-2020-09-16-at-4.18.20-PM.jpg?w=980&q=75)
![Michelle Obama Says Barack Obama Did This For Eight Years And No One Noticed](http://townsquare.media/site/34/files/2017/06/GettyImages-585267548.jpg?w=980&q=75)
![Schedler Asks Trump To Reverse Obama Action On Elections](http://townsquare.media/site/36/files/2016/12/Tom-Schedler-youtube-image-e1481237694425.jpg?w=980&q=75)
![US Slaps Sanctions On Russia, Expels 35 Diplomats](http://townsquare.media/site/36/files/2016/10/GettyImages-615648564.jpg?w=980&q=75)
![President Barack Obama Tours Flood-Damaged Areas Of Louisiana [VIDEO]](http://townsquare.media/site/34/files/2016/08/Screen-Shot-2016-08-23-at-2.11.29-PM.png?w=980&q=75)
![5 Tips For Flood Recovery](http://townsquare.media/site/34/files/2016/08/Screen-Shot-2016-08-13-at-9.00.04-PM.png?w=980&q=75)
![Obama Reflects On His Time As President In ‘Slow Jam The News’ On The Tonight Show Starring Jimmy Fallon [VIDEO]](http://townsquare.media/site/34/files/2016/06/Screen-Shot-2016-06-10-at-6.45.18-AM.png?w=980&q=75)