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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SMARTERSAFER.ORG Urges Senate To Pass NFIP Reauthorization Before Sept. 30 Expiration
In a letter to Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell, SmarterSafer.org today urged the Senate to pass legislation to re-authorize the National Flood Insurance Program (NFIP) before it expires on Sept. 30. “While we believe the bill could be strengthened, the Banking Committee has taken a needed step to reforming the nation’s flood insurance program and Smarter Safer joins a range of stakeholder groups in applauding this legislation,”SmarterSafer.org said in a letter to the Senators. “We urge the full Senate to quickly pass this needed…
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