R Street Institute pundit says NFIP reforms were too modest.
National Flood Insurance Program unaffected by shutdown as rate hikes kick in.
Rates to sharply increase after Oct. 1, while Louisiana lawmakers cry foul.
Amendment passed Tuesday would bar the rate increases by preventing FEMA from using federal funds to implement Sec. 207.
Mississippi insurance commissioner makes that observation, while FEMA says agency continues to eye NFIP privatization.