December 26, 2011
The federal flood insurance program has been extended until May 31, 2012 under another short-term consolidated appropriations bill (H.R. 2055) passed by the House and Senate and signed into law by President Obama on Dec. 23. Had the appropriations bill …
December 21, 2011
The federal government has approved $420 million in disaster aid for Pennsylvanians hit by the one-two punch of Hurricane Irene and Tropical Storm Lee. Updated figures from federal and state emergency management officials say more than 94,000 people registered for …
December 20, 2011
There is a new study out that examines the U.S. flood insurance program. And it says that according to its calculations, there are some regions in the country where National Flood Insurance Program (NFIP) premiums are too high. The report …
December 8, 2011
In this era of sharp political differences, the need for a national flood insurance program is one area where just about everyone agrees. Even so, the program is a victim of Washington partisanship, actuaries were told at a general session …
December 7, 2011
The U.S. Senate passed an extension of the National Flood Insurance Program (NFIP) through May 31, 2012. The legislation, introduced by Sen. David Vitter, R-La., passed the Senate by unanimous consent and must now be taken up by the House …
December 5, 2011
U.S. Sen. David Vitter, R-La., has sent a letter to Senate Majority Leader Harry Reid urging him to allow a one-year extension of the National Flood Insurance Program to pass the Senate by unanimous consent. The NFIP is currently scheduled …
November 17, 2011
Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on a short-term basis. This time the funding runs until Dec. 16. The Senate passed the short-term funding bill on Thursday …
November 16, 2011
The nation’s flood insurance program is scheduled to expire again on Friday, Nov. 18, 2011, unless Congress takes action. Last month, the House and Senate passed legislation that kept the federal government – and the National Flood Insurance Program – …
November 1, 2011
The National Flood Insurance Program (NFIP) said it is offering insurance agents free training seminars on flood insurance in several locations across Pennsylvania. The seminars will cover basic insurance issues and also focus on how best to assist NFIP policyholders …
October 19, 2011
Two senators are pressing to remove a federal requirement that homeowners and businesses near levees and dams purchase flood insurance. Senators Thad Cochran (R-Miss.) and Mark Pryor (D-Ark.) have launched an effort to convince their colleagues to overturn a provision …