October 4, 2011
The U.S. House of Representatives today passed legislation that keeps the government – and the federal flood insurance program– running until Nov. 18, 2011. The House vote (352-66) extends the National Flood Insurance Program (NFIP) until Nov. 18. The Senate …
September 30, 2011
The House of Representatives yesterday approved a temporary continuing resolution that funds the government through next Tuesday, Oct. 4, which is when Congress is expected to consider another short-term resolution funding the government through Nov. 18. The latest bill includes …
September 28, 2011
Last month’s Hurricane Irene was a rude awakening for many East coast residents and businesses that reminded them the importance of flood insurance. Federal Emergency Management Agency, which administer the National Flood Insurance Program, said it is constantly reaching out …
September 26, 2011
The federal program that insures homes against flood damage expires next Friday and is at risk of not being renewed, even as an early fall storm threatens to inundate much of the northeastern United States yet again. Industry executives say …
September 23, 2011
In the wake of spring flooding and additional flooding caused by Tropical Storm Irene, state and federal officials are encouraging Vermonters to sign up for federally-backed flood insurance before the end of the month, when the program is set to …
September 22, 2011
Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker also offered an array of advice for …
September 22, 2011
The House of Representatives unexpectedly defeated a bill that would fund the federal government [including the federal flood insurance program] past Sept. 30 Wednesday as dozens of Republicans broke with their party to push for deeper spending cuts. The unexpected …
September 21, 2011
The National Association of Mutual Insurance Companies (NAMIC) presented the Federal Legislator of the Year Award to U.S. Rep. Judy Biggert, R-Ill., at its annual convention in Indianapolis. ‘Rep. Biggert is a well-respected member of the House Financial Services Committee, …
September 20, 2011
President Barack Obama endorsed key elements of a U.S. flood insurance reform bill passed by the House in the tax and deficit plan he unveiled Monday, even as the reform has stalled in the Senate without a clear path forward. …
September 19, 2011
Congress is poised to pass yet another short-term extension of the federal flood insurance program, giving it more time to consider two competing bills reforming the debt-ridden program. The House could vote this Wednesday on a measure that would extend …