As reported earlier this week, the National Flood Insurance Program (NFIP) is set to expire at 11:59pm September 30 unless Congress extends it. The authority to fund the federal government also must be extended by tomorrow as well. This afternoon, the Senate passed a short-term government funding bill, known as a continuing resolution (CR), to …
Continue reading Senate Passes NFIP Extension to December 16
The National Flood Insurance Program (NFIP) is set to expire at 11:59pm this Friday, September 30, 2022, unless its authorization is extended by Congress. Funding for the federal government will also expire at the same time. While a continuing resolution, or CR, to keep the government open is expected to pass in time, Congress is …
The National Flood Insurance Program (NFIP) is set to expire on September 30, 2022, unless its authorization is extended by Congress. The program’s most recent five-year reauthorization expired on September 30, 2017, nearly five years ago. Leading up to that deadline, the 115th Congress was unable to agree on reforms to the program. As a result, …
Continue reading PIA Action Alert: NFIP Set to Expire September 30, 2022
Recently, the procurement office of the Federal Emergency Management Agency (FEMA) quietly issued a request for information (RFI) regarding a proposal to offer consumers the option of purchasing a National Flood Insurance Program (NFIP) policy online. The RFI provides some background on the history of the NFIP and its recent implementation of its Risk Rating …
Continue reading FEMA Stokes Agent Concern Over Online NFIP Sales Proposal
Senator John Kennedy (R-LA) recently introduced S. 4533, the National Flood Insurance Program (NFIP) Extension Act of 2022, with Sens. Cindy Hyde-Smith (R-MS), Marco Rubio (R-FL), and Bill Cassidy (R-LA) as cosponsors. The legislation would prevent the NFIP from expiring on September 30, 2022 by extending it for one year until September 30, 2023. Throughout …
Continue reading Bill Introduced in Senate to Extend NFIP for One Year
Members of the PIA of Wisconsin met this week with members of their Congressional delegation on a number of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal Insurance Office (FIO), the importance of making the 20 percent tax deduction for passthrough …
Continue reading PIA Wisconsin Advocates for 2022 Priorities
PIA members from Wyoming met with the offices of their congressional delegation this week as part of PIA’s 2022 series of year-round, state-specific advocacy events. In their meetings, agents drew lawmakers’ attention to several of PIA’s 2022 Issues of Focus: the dangers of federal regulatory overreach into the insurance industry and the need to repeal the Federal Insurance …
Continue reading Wyoming PIA members Advocate on Tax, Flood, and FIO Repeal
PIA National Secretary Ariel Rivera testifying before the House Financial Services Committee The House Financial Services Committee’s Subcommittee on Housing, Community Development and Insurance held a hearing earlier today entitled, “Reauthorization and Reform of the National Flood Insurance Program.” Testifying on behalf of PIA was Ariel Rivera, Secretary of PIA and founder and agency principal …
This week, the PIA of New Jersey, PIA of New Hampshire and PIA of Connecticut met with their respective congressional offices as part of PIA’s 2022 series of year-round, state-specific advocacy events that offer agents the chance to meet with federal policymakers on the issues that matter most to them. Throughout the year, PIA members from across …
Continue reading Members of PIA Northeast Advocate for NFIP Reforms
PIA recently joined the National Flood Association (NFA), and, late last month, Lauren Pachman, PIA’s Counsel & Director of Regulatory Affairs, represented PIA at the NFA’s annual conference in Scottsdale, Arizona. The event assembled experts across all aspects of flood insurance for a two-and-a-half-day conference, where attendees learned not only from the specialists lined up …
Continue reading NFA Conference, Note on Statutory Caps, & Upcoming Trainings: A Flood Roundup
