House Republicans pass flood insurance bill to overhaul NFIP

flood insurance bill

Bipartisan opposition was overcome and the bill was passed to continue helping policyholders at risk of flooding. A controversial flood insurance bill has been passed in the House as Republicans overcame bipartisan opposition. This legislation will both reauthorize and overhaul the National Flood Insurance Program (NFIP). The program is currently facing considerable strain following a highly active hurricane season. NFIP was forced to pay billions of dollars to policyholders this year after several hurricanes made landfall in the United States. The House passed the flood insurance bill in a vote…

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SmarterSafer coalition calls for U.S. flood insurance reform, facing December deadline

National Flood Insurance Reform

Recent efforts to overhaul NFIP has reached a struggling point, but one business group wants to push ahead. The latest shot at American flood insurance reform has come across a serious obstacle in its attempts to move ahead. However, a business and environmental groups coalition has strengthened its call for an overhaul to the National Flood Insurance Program (NFIP). They’re pushing for lawmakers to make much needed changes to the program before its December expiry. The flood insurance reforms need to be made before December 8, 2017 if they are…

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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, SmarterSafer.org 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 SmarterSafer.org. “A long-term extension would provide much-needed certainty to the recovering economy by protecting homeowners…

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With National Flood Safety Awareness Week Kicking Off, SmarterSafer.org Urges Congress to Pass Long-Term Extension of Flood Insurance Program

With National Flood Safety Awareness Week kicking off, SmarterSafer.org is urging Congress to pass meaningful flood insurance reform and provide a long-term extension of the National Flood Insurance Program (NFIP). In a letter being sent to Congress today, the group said reform is necessary to protect homeowners and businesses. “March 12-16 has been designated as National Flood Safety Awareness Week, however, the National Flood Insurance Program (NFIP) has yet to be extended and is set to expire at the end of May,” said SmarterSafer.org. “The NFIP must be reformed and…

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SmarterSafer.org Statement Urges Congress to Pass Permanent NFIP Reform as Hurricane

(Washington, DC) ‒ SmarterSafer.org today released a statement urging Congress to pass long-term, common-sense NFIP reform at the end of the 2011 Hurricane Season: “The 2011 hurricane season has come to an end, yet there are those who are still struggling from the aftermath of Hurricane Irene. Communities across the United States have seen firsthand the need for a National Flood Insurance Program that protects lives and property while saving taxpayer dollars. The U.S. Congress has had several opportunities to pass permanent NFIP reform that has support in both the…

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SmarterSafer.org Statement Urges Congress to Stop Passing Temporary Extensions of

(Washington, DC) ‒ SmarterSafer.org today released a statement urging Congress to pass common sense NFIP reform and to stop temporarily extending the flood insurance program:  “This year, the United States has seen numerous disasters, including record flooding along the Mississippi River and massive flooding in the Northeast as a result of Hurricane Irene.  While Congress delays taking action to improve the NFIP, the American people are left without broadly supported reforms that will better protect their lives and property, save taxpayer dollars, and promote public safety.  Five-day fixes and delays…

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SmarterSafer.org urges Senate to immediately act on NFIP reform after House passes reauthorization on an overwhelming bipartisan vote

(Washington, DC) ‒ SmarterSafer.org today urged the United States Senate to immediately act on National Flood Insurance Program (NFIP) reform without weakening the legislation’s effectiveness. The House of Representatives passed legislation to reauthorize the program until Sept. 30, 2016 on an overwhelming bipartisan vote of 406-22. The coalition said the overwhelming bipartisan vote in the House was an important and welcome first step toward bringing needed financial stability to the NFIP, but urged the Senate to pass an improved final extension that includes long-term reforms to ensure the program’s future…

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