flood insurance renewal extension News

Insurance, Housing Groups Urge Renewal of Flood Program That Expires Sept. 30

The National Association of Mutual Insurance Companies, along with a large coalition of other insurance, lending and housing industry groups, is urging congressional leaders to avoid any lapse in National Flood Insurance Program coverage by renewing the NFIP before its …

House Votes to Extend Flood Insurance Program 1 Year; Senate Yet to Vote

The House of Representatives yesterday extended the National Flood Insurance Program until Sept. 30, 2021 as part of a measure to fund the federal government through December 11. The flood insurance program is currently set to expire in a week …

Trump Signs Month-Long Government Funding That Includes Flood Insurance Program

President Donald Trump signed legislation on Thursday that will extend funding for a wide range of federal agencies through Dec. 20 and avoid partial government shutdowns that otherwise would have begun on Friday. An administration official said Trump signed the …

Congress Agrees on $19 Billion Disaster Aid Bill with Flood Insurance Brief Extension

Lawmakers said that they agreed to a $19.1 billion disaster-aid bill after months of disagreement and that President Donald Trump said he will sign it. Senate Appropriations Chairman Richard Shelby called the agreement a “good deal.” He added that he …

Democrats’ Climate Change Concern Ebbs When Congress Faces Flood Insurance

A Congressional stalemate over flood insurance highlights the difficulty of enacting the type of reforms urged last week in a U.S. government report on climate change — even for Democrats, who embraced the report’s findings. The heavily indebted National Flood …

Flood Insurance Lapse Avoided But Longer Term Extension Still Uncertain

The House and the Senate have approved a seven-day extension of the federal flood insurance program that keeps the program from lapsing Friday. That short extension will take the program to Dec. 7, the day by which Congress must pass …

Analysts Weigh Chances Next Congress Will Actually Reform Flood Insurance

With the clock ticking on the National Flood Insurance Program’s authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of several routes: passing a bill to extend …

Flood Insurance Program to Lapse Nov. 30 Unless Congress Acts

Once again the fate of the nation’s flood insurance program is coming down to the wire. Authorization for the program is set to expire Friday, Nov. 30 unless Congress acts. The most likely action will be another short-term extension. Sens. …

Hurricane Florence a Reminder of Flood Insurance Reforms Stalled in Congress

U.S. taxpayers who spent billions of dollars after a trifecta of hurricanes last year are poised to do so again after a fix to the nation’s troubled flood insurance program remains stalled in Congress — and as a dangerous new …

Commentary: How Florida’s Flood Insurance Model Could Work Nationwide

While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood coverage. Last month in Salt …