The U.S. Senate tonight passed H.R.6119, a continuing resolution (CR) to fund the federal government until February 18 by a vote of 69-28. An extension of the National Flood Insurance Program (NFIP), set to expire this coming Friday, December 3 at midnight, was included in the bill. The House of Representatives already passed the bill earlier …
Continue reading Senate Passes NFIP Extension to February 18, 2022
The U.S. House tonight passed a continuing resolution (CR) by a vote of 221 to 212 to fund the federal government through February 18, 2022. A short-term extension of the National Flood Insurance Program (NFIP) is included in the CR. Funding for the federal government and authority for the NFIP are both still set to …
Continue reading House Extends NFIP to Feb. 18, 2022 in Continuing Resolution
The federal government is currently operating on a continuing resolution (CR) that expires at midnight this Friday, December 3. Notably for PIA members, the National Flood Insurance Program (NFIP) is also set to expire on December 3. If Congress cannot pass another CR to fund the federal government beyond that date, the government, including the …
Continue reading Federal Flood Program Set to Expire This Week
The U.S. House today passed H.R. 5376, the $1.75 trillion budget reconciliation bill which has been marketed by Democrats as the “Build Back Better Act.” If approved as-is by the Senate, the legislation will allocate roughly $1.75 trillion in spending over a 10-year period. The bill passed largely along party lines by a vote of …
On September 30, the National Flood Insurance Program (NFIP)’s authority to operate was extended until December 3, 2021. This is the 17th short term extension of the NFIP since its last five-year reauthorization expired in 2017. PIA supports a long-term reauthorization of the NFIP that recognizes the key role independent agents play in delivering the …
Continue reading PIA Supports Flood Bills Encouraging Development of Private Market
When Risk Rating 2.0 (RR 2.0) went into effect for new (and some renewing) NFIP policies, we created this series of Frequently Asked Questions (and answers!) that we hope will help to inform and guide your decision making as you familiarize yourself with RR 2.0. Please note: The information contained herein is current as of the …
Continue reading Risk Rating 2.0: Frequently Asked Questions (last updated 12/22/21)
This afternoon, the House passed an amended version of H.R. 5305, the continuing resolution (CR) that will fund the federal government until December 3, 2021, by a vote of 254 to 175. Importantly for PIA members, this CR includes an extension of the National Flood Insurance Program (NFIP) until December 3. The Senate passed the …
Continue reading House Passes NFIP Extension and Funding Bill
Today the Senate passed an amended version of H.R. 5305, the continuing resolution (CR) that will fund the federal government until December 3, 2021, by a vote of 65 to 35. Importantly for PIA members, the CR includes an extension of the National Flood Insurance Program (NFIP) until December 3 as well. An earlier version …
Continue reading Senate Passes Amended Funding Bill with NFIP Extension
The U.S. Senate tonight failed to invoke cloture on the motion to proceed on H.R. 5305, the continuing resolution (CR) that would have funded the federal government until December 3, 2021. The bill passed the House last week by a vote of 220-211. In the Senate, however, a motion to invoke cloture, a procedure that …
Continue reading NFIP Extension and Federal Funding Fail to Pass Senate
On September 15, PIA became the first national insurance association to ask Federal Emergency Management Agency (FEMA) administrator Deanne Criswell to delay the scheduled Oct. 1 implementation of Risk Rating 2.0 (RR 2.0). While PIA supports RR 2.0, the more details FEMA released about its implementation, the more concerned we became about the planned rollout. We highlighted …
Continue reading Bipartisan Calls to Delay Risk Rating 2.0 Grows With Senate Letter to FEMA
