The U.S. Senate approved a 60-day extension to the National Flood Insurance Program, moving the program closer to avoiding expiration May 31.

A deal struck between two key senators appears to give new life to a possible five-year extension of the National Flood Insurance Program, which is set expire May 30.

A letter, signed by a coalition of Republican and Democratic senators, asks Senate leadership to bring a long-term reauthorization of the National Flood Insurance Program to the floor for a vote as soon as possible.

The U.S. Senate unanimously extended the National Flood Insurance Program (NFIP) through May 31, 2012, and the House of Representatives passed a bill reforming and extending it for five years the NFIP.

The U.S. Senate has approved extending the National Flood Insurance Program (NFIP) for one year.

Unable to reach consensus on either a short- or long-term extension on the National Flood Insurance Program (NFIP), legislators in Washington, D.C., will let the federal program lapse as of the first day of the hurricane season.

For the second time in two months, a Louisiana senator has lost his bid to extend the National Flood Insurance Program through a standalone bill and not a comprehensive reform package.