REALTORS testify before Congress on flood insurance rates

David McKey, 2016 vice chair of the National Association of REALTORS' Insurance Committee, testified before the Senate Small Business and Entrepreneurship Committee. McKey told Senators in attendance that REALTORS continue to report that their clients face significant hurdles due to excessive flood insurance costs and future uncertainty. McKey reiterated NAR's support for a range of solutions to address the problem including reauthorizing the National Flood Insurance Program, which sunsets in October 2017. Learn more here.