House Committee Passes Five-Year NFIP Renewal
In a moment of bipartisanship, the U.S. House Financial Services Committee passed the legislation by a unanimous vote of 59-0.
Flood
Flood Updates: NFIP Reauthorized; FEMA to Release Data
Earlier this week, the U.S. House of Representatives passed a disaster aid package that included an extension of the NFIP through Sept. 30, the end of the fiscal year.
NFIP Extension Down to the Wire
At press time, the U.S. House of Representatives is expected to try to pass a two-week extension of the NFIP, which is currently scheduled to expire at midnight tomorrow, May 31.
Big ‘I’ Urges Congress to Avoid NFIP Lapse
The U.S. Senate must act on H.R. 2578 to make sure the NFIP does not lapse at the end of the month.
Sen. Tim Scott is Big ‘I’ Legislator of the Year
The Big “I” presents the Legislator of the Year Award annually to a member of Congress who provides outstanding leadership on insurance issues.
Big ‘I’ Urges Congress to Avoid NFIP Lapse
The NFIP is set to expire on May 31, barring action by Congress. This week, the Big “I” joined a group of 18 organizations in sending a letter to congressional leadership urging them to reauthorize the program.
Big ‘I’ Seeks Continued Funding for Flood Mapping
This week, the Big “I” joined a diverse range of partners and stakeholders in sending a letter urging Congress to maintain appropriated funding for FEMA’s Flood Hazard Mapping and Risk Analysis Program.
New Frontier: Why You Need to Take a Serious Look at Private Flood
The evolution of the flood insurance marketplace has reached a point where every agent should revisit their traditional approaches to selling flood insurance.
From the Front Lines: Flood
Flood insurance is vital to the New Jersey communities independent agent Jeffrey Wyrsch serves. But “ongoing changes to the NFIP, along with the emerging private flood marketplace, create new challenges on a regular basis,” he says.
NFIP Reverses Mid-Term Cancellation Policy
On Monday, FEMA issued a bulletin stating that consumers cannot receive a refund for unearned premiums if they cancel a NFIP policy mid-term in favor of a private policy.
