The House Financial Services Committee Subcommittee on Housing and Insurance today held a hearing entitled Encouraging Greater Flood Insurance Coverage in America. This hearing focused not just on the National Flood Insurance Program (NFIP) but also on the overall accessibility and availability of flood insurance, as well as ways to increase flood insurance coverage across …
Continue reading PIA Urges Reforms in Flood Insurance Hearing Testimony
On February 9, Reps. Kathy Castor (D-FL), and Blaine Luetkemeyer (R-MO) reintroduced H.R. 900, the Continuous Coverage for Flood Insurance Act. The bill would provide continuous coverage protection to policyholders who leave the National Flood Insurance Program (NFIP) to purchase a private flood policy and then need to return to the NFIP. H.R. 900 would …
Continue reading Flood Insurance Continuous Coverage Bill Introduced
Last week, Lauren Pachman, PIA’s counsel and director of regulatory affairs, participated in a panel discussion hosted by the National Flood Association (NFA), on whose board she serves. She was joined on the panel by Chris Brown of Mindset, Brett Hewitt of the American Property Casualty Insurance Association (APCIA), Travis Johnson of 1607 Strategies, and …
The 118th Congress begins today, January 3rd, 2023, bringing divided leadership to Washington, D.C. The Republican party is now in control of the U.S. House of Representatives, which is made up of 222 Republicans and 212 Democrats (and one vacancy). The U.S. Senate will continue to be led by the Democratic party, which has 48 Senate …
Continue reading 118th Congress Begins Amid Leadership Uncertainty
The federal government is currently on the precipice of finalizing a sweeping, $1.7 trillion omnibus funding package, just in time to prevent a looming government shutdown, which would have begun at midnight tonight. Funding the government through the end of the current fiscal year was the final item on the 117th Congress’s agenda. The omnibus …
Continue reading Omnibus Heads to Biden’s Desk for Signature
The Senate last night passed the continuing resolution (CR) to fund the federal government through December 23, 2022. An extension of the National Flood Insurance Program (NFIP), set to expire tonight, Friday, December 16 at 11:59pm, was included in the bill. The House passed the one-week CR earlier this week. The CR now goes to the White …
Now that the midterm election results are in, and the majority parties of both the Senate and House for the next Congress are known, Congress has returned for a lame-duck session with a long to-do list before the 117th Congress ends on January 3, 2023. PIA is engaged with Congress on several issues in …
Federal Emergency Management Agency (FEMA) Independent insurance agents deeply focused on the National Flood Insurance Program (NFIP) may already know that, on October 1, the most recently published version of the Flood Insurance Manual took effect. FEMA also recently solicited feedback on the use of Elevation Certificates and Floodproofing Certificates by communities participating in the …
Members of the PIA of Kentucky met last week with members of their Congressional delegation on a number of issues related to the reauthorization of the National Flood Insurance Program (NFIP). PIA of Kentucky members urged their policymakers to pass a long-term reauthorization of the NFIP that includes necessary reforms, as set forth in PIA’s …
The House this afternoon passed a continuing resolution (CR) to fund the federal government through December 16, 2022 by a vote of 230-201. An extension of the National Flood Insurance Program (NFIP), set to expire tonight, Friday, September 30 at 11:59pm, was included in the bill. The Senate passed the bill earlier this week. The CR …
