Search Results for: National Flood Insurance Program

Mississippi Senator Pushes for One Year National Flood Insurance Program Extension

Marc
National Flood Insurance Program - home floating on life saver

Sen. Cindy Hyde-Smith is seeking legislation to extend NFIP for another year beyond September 30. The National Flood Insurance Program (NFIP) is approaching its expiry date on September 30, but Mississippi Senator Cindy Hyde-Smith is pushing for legislation that will provide another year’s extension. Over five million American families and businesses rely on NFIP protection, many of which are in the state. More than 60 thousand people in Senator Hyde-Smith’s home state depend on National Flood Insurance Program coverage. The senator is one of the NFIP Extension Act of 2021…

National Flood Insurance Program problems remain despite recent extension

Nordstrom
How to legally protect a business idea?

NFIP continues to be riddled with challenges even as the White House pushed its expiry date. Last week, the White House signed a resolution to extend NFIP, but the National Flood Insurance Program problems are still there regardless. NFIP’s latest extension will keep it from expiring until September 30, 2021. Of course, giving it another year hasn’t made all the other National Flood Insurance Program problems disappear. Still, at least it has purchased another twelve months in which to protect those in high risk areas from having to go without…

National Flood Insurance Program Gets Brief Renewal from Congress

H. Cutner
National Flood Insurance Program - Flooding on road

The House of Representatives gained a two week extension for the federal flood insurance. Congress extended the National Flood Insurance Program (NFIP) by two weeks after it failed to pass a $19 billion disaster aid bill. The House of Representatives was seeking unanimous consent for the bill which contained a flood insurance reauthorization provision. NFIP had been set to expire as of Friday, but the two week extension was granted in time. With less than six hours left before the National Flood Insurance Program, the fast-track unanimous consent vote approved…

National Flood Insurance Program Expires in Under 2 Weeks

Nordstrom
National Flood Insurance Program - Hourglass - Time

The last day for the program will be July 31st unless Congress changes or renews it. The National Flood Insurance Program (NFIP), which covers five million homes against the risk of flooding, is about to expire. In fact, in under two weeks, on July 31, the program will come to an end unless Congress acts to extend it. Congress could renew it as-is or could attempt to agree to change it, but they’re running out of time. If the National Flood Insurance Program is not renewed, those with coverage will…

National Flood Insurance Program payouts reach $6.5 million in Georgia

G. Turner
Hurricane Matthew national flood insurance program

Residents of the state have now received payments for many of the 1,054 claims made following Matthew. Georgia victims of Hurricane Matthew have now received over $6.5 million in payouts from the National Flood Insurance Program. There were a total of 1,054 claims filed with the federal flooding program by the time November came to an end. Over $2.5 million had already been paid to residents in partial or advance payments. This amount was deducted from the total $6.5 million in payouts that are expected to be made from the…