Davis takes the Hill
"The reason I rise is to speak in support (of an amendment) that will be offered by Congressman Taylor from Mississippi that calls for a study by the Inspector General of the Department of Homeland Security into what I think is a growing crisis, not just in Mississippi, but now in Florida. In Florida, the insurance industry recently succeeded, in a session of the legislature, in passing a law that repeals [for some storm damage victims] a 100-year-old law called the valued policy law. This loophole that has been created in Florida is resulting in hundreds and I fear soon thousands of Floridians sitting back and waiting to get paid by their insurance company and watching the flood insurer blame the wind insurer and the wind insurer blame the flood insurer."
Full transcript in comments.