July 9, 2012
President Barack Obama has signed the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012” into law. The law extends the National Flood Insurance Program (NFIP) for five years and makes reforms to the program. The Senate and House passed …
June 22, 2012
Now that the U.S. Senate has voted on a federal farm bill, it is scheduled to take up federal flood insurance starting Monday. Senate Majority Leader Harry Reid has officially filed “cloture” on the measure (S.1940) and it has been …
June 4, 2012
As expected, President Barack Obama on May 31 signed into law an extension of the federal flood insurance program until July 31. H.R. 5740, agreed to by the House and Senate last week, reauthorizes the National Flood Insurance Program (NFIP) …
May 25, 2012
The Senate agreed yesterday in a unanimous consent to extend the National Flood Insurance Program (NFIP) for 60-days past its current expiration date of May 31. Last week, the U.S. House of Representatives voted 402 to 18 on a separate …
May 21, 2012
This week the Senate should reveal whether it will tackle a five-year extension with reform of the federal flood insurance program or another short-term authorization, or both. The National Flood Insurance Program is currently set to expire in 10 days …
May 16, 2012
The House is expected to vote today on an extension of the federal flood insurance program until the end of June but the fate of program in the Senate is still uncertain. The National Flood Insurance Program (NFIP) is now …
April 25, 2012
Federal flood insurance officials are urging Congress to renew the federal program. The National Flood Insurance Program is scheduled to expire on May 31 unless Congress acts, in advance, to reauthorize it. “Without reauthorization, the NFIP will be unable to …
December 26, 2011
The federal flood insurance program has been extended until May 31, 2012 under another short-term consolidated appropriations bill (H.R. 2055) passed by the House and Senate and signed into law by President Obama on Dec. 23. Had the appropriations bill …
December 8, 2011
In this era of sharp political differences, the need for a national flood insurance program is one area where just about everyone agrees. Even so, the program is a victim of Washington partisanship, actuaries were told at a general session …
November 17, 2011
Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on a short-term basis. This time the funding runs until Dec. 16. The Senate passed the short-term funding bill on Thursday …