Senate approves flood risk insurance pool
If the Green River rises over its banks, there’s a chance that people all over Washington could help pay for the damage.
State leaders are contemplating the creation of a state-run insurance pool that would help businesses in Kent, Auburn and other communities along the river.
The companies have struggled to find insurance companies that will sell them flood insurance since rains last year weakened a hillside next to Howard Hanson Dam.
The state Senate voted 30-18 Tuesday to authorize the state insurance commissioner to create such a “joint underwriting association.” Senate Bill 6240 now goes to the House.