Two days after the House passed a government funding package (H.R. 1865), the Senate followed by a vote of 71-23. The measure includes three of PIA National’s top policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020; the permanent repeal of the Cadillac Tax; and an extension of the terrorism …
Continue reading Senate Passes Cadillac Tax Repeal and Flood, TRIA Extensions
In a major victory for PIA National’s advocacy efforts, the U.S. House voted 297-120 to pass H.R. 1865, part of the federal government funding package that includes three of PIA National’s most important policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020; the permanent repeal of the Cadillac Tax; …
Continue reading House Passes Federal Funding Package with PIA Priorities
This week, Congress will consider a federal government funding package that includes three of PIA National’s most important policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020, the permanent repeal of the Cadillac Tax, and an extension of the terrorism risk insurance program (referred to as TRIA) through the …
Continue reading Several PIA Priorities Included in Year-End Funding Package
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
Today the U.S. Senate passed H.R. 3055, a short-term continuing resolution (CR) to fund the federal government until December 20. Important for PIA members, this bill includes the extension of the National Flood Insurance Program (NFIP) to the same date. See PIA National’s press release here. The NFIP is now on its 14th short-term extension since …
Continue reading Congress Extends Flood Insurance Program to December 20
Unless Congress extends it, the National Flood Insurance Program (NFIP) will expire on November 21. The NFIP is currently operating on its 13th short-term extension since its last long-term reauthorization expired in 2017. While Congress may try to pass a stand-alone extension of the NFIP in the next few days, it seems more likely that any …
On November 7, the Federal Emergency Management Agency (FEMA) announced that it is delaying the implementation of Risk Rating 2.0, a major overhaul of flood insurance rates under the National Flood Insurance Program (NFIP). Risk Rating 2.0 is meant to provide more specific, accurate information about properties covered by the NFIP. Risk Rating 2.0 is …
