The NFIP is set to expire at midnight tomorrow. At press time, the U.S. House of Representatives and Senate are both expected to consider legislation to extend the program for one week, to align it with a Dec. 7 government funding deadline, before week’s
This week, the Big “I” led a group of 26 organizations in sending a letter to congressional leadership urging immediate action to reauthorize the NFIP before it expires on Nov. 30.
On Tuesday, the U.S. Senate voted to extend the NFIP through Nov. 30 by a vote of 86-12. President Trump signed the measure on July 31, meaning the NFIP did not have a lapse in authority during the height of the Atlantic hurricane season.
To maximize the efficiency of flood awareness efforts, FEMA attempted to uncover where potential flood policyholders live, specifically looking for people who don’t have flood insurance but should.
After the U.S. House of Representatives passed a bill that would extend the NFIP through Nov. 30, the timing for consideration of the measure in the U.S. Senate remains uncertain.
Unless Congress acts, the NFIP is scheduled to expire on July 31. Call the offices of your federal legislators to encourage them to reauthorize the program.
The Big “I” and other groups are currently advocating for Congress to extend the NFIP before the program expires on July 31.
The Big “I” and others are currently advocating for Congress to extend the NFIP before the program expires, and to support a long-term reauthorization of a modernized version of the program.
Last week, the Federal Housing Administration proposed amending the agency’s rules to allow the use of private flood insurance on FHA-backed loans in Special Flood Hazard Areas.
A few years ago, red tape prevented the private flood market from making serious headway. But last year may have marked a turning point.
