119-hr5608

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5608 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 5608

 To ensure that Write Your Own companies can sell private flood 
 insurance products that compete with National Flood Insurance Program 
 products.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 September 26, 2025

 Mr. Steube (for himself, Mr. Patronis, and Mr. Ezell) introduced the 
 following bill; which was referred to the Committee on Financial 
 Services

_______________________________________________________________________

 A BILL

 To ensure that Write Your Own companies can sell private flood 
 insurance products that compete with National Flood Insurance Program 
 products.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PROHIBITION ON NON-COMPETE REQUIREMENT FOR WRITE YOUR OWN 
 COMPANIES UNDER THE NATIONAL FLOOD INSURANCE PROGRAM.

 

Section 1345 of the National Flood Insurance Act of 1968 (42 U.S.C. 
4081) is amended by adding at the end the following:
 ``

    (f) Authority To Provide Other Flood Coverage.--
 ``

    (1) Write your own program defined.--In this subsection, 
 the term `Write Your Own Program' means the program under which 
 the Federal Emergency Management Agency enters into a standard 
 arrangement with private property insurance companies to--
 ``
        (A) sell contracts for flood insurance coverage 
 under this title under their own business lines of 
 insurance; and
 ``
        (B) adjust and pay claims arising under the 
 contracts described in subparagraph
        (A) .
 ``

    (2) Prohibition on non-compete clause.--The Administrator 
 may not, as a condition of participating in the Write Your Own 
 Program or in otherwise participating in the utilization by the 
 Administrator of the facilities and services of insurance 
 companies, insurers, insurance agents and brokers, and 
 insurance adjustment organizations pursuant to the authority in 
 this section, nor as a condition of eligibility to engage in 
 any other activities under the National Flood Insurance Program 
 under this title, restrict any such company, insurer, agent, 
 broker, or organization from offering and selling private flood 
 insurance (as that term is defined in 

section 102

    (b) of the 
 Flood Disaster Protection Act of 1973 (42 U.S.C. 4012a

    (b) )).
 ``

    (3) Financial assistance/subsidy arrangement.--After the 
 date of enactment of this subsection, the Administrator may not 
 include in any agreement entered into with any insurer for 
 participation in the Write Your Own Program any provision 
 establishing a condition prohibited under paragraph

    (2) .''.
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