NFIP Reform Bill Vote Expected After Farm Bill

Florida Insurance News - Citizens insurance

WASHINGTON – With the United States Senate now expected to address NFIP reform after the upcoming vote on the Farm Bill, today urged the U.S. Senate to  pass long-term reform of the National Flood Insurance Program (NFIP) this week after  years of temporary extensions to the program. “For five years, Congress has passed temporary extensions of the NFIP, delaying  much-needed reforms that would better protect lives and property and save taxpayers billions of dollars,” said “A long-term extension would provide much-needed certainty to the recovering economy by protecting homeowners…

Read More Statement Praises Senate Agreement to Vote on Long-Term Flood Reform

Flood Insurance Reform

WASHINGTON ‒ today released a statement praising the U.S. Senate for agreeing to vote on a long-term extension of the National Flood Insurance Program (NFIP) after passing a 60-day extension of the NFIP. “We are pleased that the U.S. Senate has agreed to finally consider long-term reform of the National Flood Insurance Program (NFIP) after they voted for a 60-day extension of the troubled program.  Flood reform not only shares wide bipartisan support in both the Senate and the House, it is the stated policy of the Administration. “We…

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National Flood Insurance Program wins extension from Senate

The National Flood Insurance Program seems to have avoided expiration again, as federal legislators passed a new short-term funding bill that would keep the program afloat until December 16 of this year. The program has been burdened by crippling debt since 2005’s Hurricane Katrina. The majority of people in the U.S. have flood insurance provided by the program, which has put pressure on lawmakers to fix the program before these people lose their insurance coverage. Fixing the program, however, seems to be easier said than done. NFIP was scheduled to…

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