On December 10, PIA sent a letter to congressional leaders requesting that they reauthorize the National Flood Insurance Program (NFIP) beyond its current December 20 expiration date and for as long a period as possible. As the December deadline for the NFIP quickly approaches, your legislators need to hear from you, the members of the independent agent community, …
Tag: National Flood Insurance Program (NFIP)
NFIP Extended to December 20, 2024
On September 25, Congress once again avoided a government shutdown after reaching a short-term deal, called a continuing resolution (CR), to fund the federal government. Included in the agreement was an extension of the National Flood Insurance Program (NFIP). The NFIP, along with the rest of the federal government, will now be funded through December …
PIA Holds Annual Advocacy Day on Capitol Hill
Independent insurance agents from around the nation converged on Washington, D.C. on September 18 for PIA’s annual Advocacy Day. Agents met with Senators, Representatives, and congressional staff to discuss PIA’s key legislative issues. Among PIA’s top issues were building support for the Ensuring Access to Risk Management Act, a bipartisan bill requiring USDA’s Risk Management …
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PIA Action Alert: Reauthorize the National Flood Insurance Program
The National Flood Insurance Program (NFIP) expires after September 30, 2024, and in a letter to Congressional leadership this week, PIA urged Congress to prevent a lapse and extend it for as long as possible. To that end, we have endorsed a bill introduced by Senator John Kennedy (R-LA), S. 4772, the NFIP Extension Act …
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PIA’s Flood Insurance Advocacy: NFIP & Related Updates
PIA has navigated a rush of flood-related activity over the past several weeks. Please read on for some highlights of PIA’s recent work on flood insurance. Proposed New NFIP Endorsements Late last year, the Federal Emergency Management Agency (FEMA) proposed significant regulatory changes to the documents governing the Standard Flood Insurance Policy (SFIP) issued to …
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NFIP Extended to September 30, 2024
On March 22, Congress again avoided a partial government shutdown after reaching a last-minute deal to fund the federal government through the remainder of the 2024 fiscal year. Included in the agreement, known as a “minibus”, was an extension of the National Flood Insurance Program (NFIP). The NFIP will now be funded through September 30, …
PIA Action Alert: NFIP at Risk of Lapse
As the March 22 expiration date for the National Flood Insurance Program (NFIP) quickly approaches, members of Congress need to hear from agents urging them to act to prevent a lapse of the NFIP. The history of NFIP extensions has been messy. In 2017, the NFIP’s last five-year reauthorization expired. Since then, the NFIP has been subject …
NFIP Extended as Congress Avoids Partial Shutdown
Congress again avoided a partial government shutdown last week by passing a short-term spending bill, known as a continuing resolution (CR), to fund the federal government. Last week's CR reauthorized all government programs, but, like its predecessor, it divided the budget in half along the same lines as it had previously, using two separate expiration …
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FEMA’s NPN Mandate for NFIP Policies Presents New Challenge in Five States
The Federal Emergency Management Agency (FEMA) recently implemented a plan to require every National Flood Insurance Program (NFIP) policy—both new and renewing—to include both an agent and an agency National Producer Number (NPN). The new requirement is applicable to all NFIP policies with an effective date on or after January 1, 2024. The announcement was made in …
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PIA Submits Testimony on Flood Insurance for Senate Banking Committee Hearing
The Senate Banking, Housing and Urban Affairs Committee held a hearing on January 25 entitled, “Reauthorization of the National Flood Insurance Program: Local Perspectives on Challenges and Solutions.” PIA submitted written testimony for the record for the hearing, noting our support for the NFIP because it provides critical flood insurance coverage and post-disaster relief to residential and …
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