The National Flood Insurance Program (NFIP) is on the verge of lapsing yet again unless Congress acts to extend it before midnight December 20th. There are real consequences if the NFIP is permitted to lapse. While the Federal Emergency Management Agency (FEMA) would still be able to pay the claims of current policyholders, they would …
Continue reading Flood Insurance Program Yet Again on Brink of Expiration
The National Flood Insurance Program (NFIP) is now on the brink of lapse just as hurricane season is beginning, due to an objection to two bills in the House of Representatives that would have extended it. The Senate has already passed both bills, so they only await House action and the signature of the President. …
Continue reading House Blocked from Passing NFIP Extension for Second Time
The National Flood Insurance Program (NFIP) will expire on May 31, 2019 unless Congress acts. The history of NFIP extensions has been messy. The program was extended 17 times between 2008 and 2012, when the previous five-year reauthorization was signed into law. Currently, the NFIP is on its 10th short-term extension since late 2017. The …
PIA National is building on our major win from earlier this year that ensured independent insurance agents could qualify for the 20 percent deduction for passthroughs. PIA National aggressively advocated for this tax relief for passthrough entities after the tax reform law (P.L. 115-141) was passed in December 2017. We advocated for the language that …
Continue reading PIA National Continues to Lead on Passthrough Tax Deduction
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