October 5, 2017
The Trump administration on Wednesday asked U.S. lawmakers to approve $29 billion in disaster relief funds to assist victims of recent hurricanes that hit Texas, Florida and Puerto Rico. The aid request includes $12.8 billion in new funds to help …
September 11, 2017
President Donald Trump last Friday signed legislation reauthorizing the National Flood Insurance Program until Dec. 8, 2017, which buys more time for Congress to consider reforms of the program. The NFIP was set to expire in a few weeks on …
June 16, 2017
The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal that seeks to encourage more private insurance and move the program toward actuarial-based rates, while the …
June 8, 2017
As the clock ticks down toward expiration of the National Flood Insurance Program (NFIP), the task ahead is clear. Congress must pass an on-time, multi-year reauthorization bill that simplifies the overly complicated NFIP, improves its financial stability and encourages private …
April 20, 2017
As Congress considers reauthorization of the National Flood Insurance Program (NFIP), it should take into account specific insurance market, technological advances and other developments in weighing its options, according to the nation’s actuaries. A new report, “National Flood Insurance Program: …