federal flood insurance News

Down to the Wire for Federal Flood Insurance… Again

The nation’s flood insurance program is scheduled to expire again on Friday, Nov. 18, 2011, unless Congress takes action. Last month, the House and Senate passed legislation that kept the federal government – and the National Flood Insurance Program – …

Federal Flood Insurance Program Extended Until Nov. 18

The U.S. House of Representatives today passed legislation that keeps the government – and the federal flood insurance program– running until Nov. 18, 2011. The House vote (352-66) extends the National Flood Insurance Program (NFIP) until Nov. 18. The Senate …

Federal Flood Insurance Program Extended Briefly

The House of Representatives yesterday approved a temporary continuing resolution that funds the government through next Tuesday, Oct. 4, which is when Congress is expected to consider another short-term resolution funding the government through Nov. 18. The latest bill includes …

Congress Raises Anxiety, Anger Levels of Disaster Victims

For disaster victims rebuilding their homes, towns and lives, the anxiety is matched only by anger at Congress for entangling their future in a political battle over government spending. A sharply divided Congress has repeatedly rejected a deal that included …

Senate Poised to Defeat House Spending, Disaster Aid Bill

With aid to disaster victims running out, the U.S. Senate Democratic leader Friday vowed to hold a quick vote to defeat a House-passed spending bill, clearing the way for negotiations to avoid a government shutdown. Senate Majority Leader Harry Reid …

Irene Water Damage Worse Than Wind: Ipsos/Reuters Poll

The number of people in the Northeastern United States who suffered water damage from Hurricane Irene is more than double the number who suffered wind damage, an Ipsos/Reuters poll showed Thursday. Yet two weeks after the storm struck, only 6 …

House Defeats Bill Funding Government; FEMA, Flood Insurance in Doubt

The House of Representatives unexpectedly defeated a bill that would fund the federal government [including the federal flood insurance program] past Sept. 30 Wednesday as dozens of Republicans broke with their party to push for deeper spending cuts. The unexpected …

Insurer Group NAMIC Names Illinois Rep. Biggert ‘Legislator of Year’

The National Association of Mutual Insurance Companies (NAMIC) presented the Federal Legislator of the Year Award to U.S. Rep. Judy Biggert, R-Ill., at its annual convention in Indianapolis. ‘Rep. Biggert is a well-respected member of the House Financial Services Committee, …

President Obama Endorses House Flood Insurance Bill in Deficit Plan

President Barack Obama endorsed key elements of a U.S. flood insurance reform bill passed by the House in the tax and deficit plan he unveiled Monday, even as the reform has stalled in the Senate without a clear path forward. …

Industry Expects Another Short-Term Extension for Flood Insurance Program

Congress is poised to pass yet another short-term extension of the federal flood insurance program, giving it more time to consider two competing bills reforming the debt-ridden program. The House could vote this Wednesday on a measure that would extend …