Federal lawmakers expected to take action on flood insurance program this week

flood Insurance payments time

Expiration date for the National Flood Insurance Program looms The National Flood Insurance Program (NFIP) is roughly nine days away from expirations (May 31, 2012), and federal lawmakers have yet to take any definitive action on the beleaguered insurance program. Federal legislators have long relied on several short-term extensions for the program, many of which extended the life span of the program for three-to-six months. Though lawmakers have not acted, they are not lacking options concerning the insurance program. Last year, the federal House of Representatives approved a plan to…

Read More