The US House of Representatives has passed a measure extending the National Flood Insurance Program (NFIP) through December 20, 2019 – a decision that has been met with praise from the Independent Insurance Agents & Brokers of America (Big ‘I’).
Congress has to periodically authorize the NFIP, which is set to expire this November 21, 2019. However, a long-term extension has yet to gain traction among legislators, as disputes continue over how to reform the troubled flood insurance program.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.