The U.S. House of Representatives is scheduled today (July 22) to debate a bill that would expand the National Flood Insurance Program (NFIP) to include windstorm insurance coverage.

The U.S. House of Representatives passed a bill extending the National Flood Insurance Program for five years.

The U.S. House Financial Services Committee has forwarded a plan to extend the National Flood Insurance Program for five years to the full House.

The need for a long-term extension to the National Flood Insurance Program is something lurking “in the back of our minds,” says a Norfolk, Va.-based personal lines manager.

On the heels of another short-term extension for the National Flood Insurance Program (NFIP), two national industry groups say they are pleased the initiative will continue, but seek greater certainty of its future.

On the heels of the president’s trip to New Orleans, Rep. Gene Taylor (D-Miss.) is calling for reform to the National Flood Insurance Program, including the addition of wind coverage.

An insurance company admitted to shifting its costs to the federal National Flood Insurance Program in the first wind versus water damage case from Hurricane Katrina to reach Mississippi’s high …  Read →

A congressman from the Gulf Coast has re-introduced multi-peril legislation designed to restore the homeowners insurance market in coastal areas, where insurers have been writing fewer polices since Hurricane Katrina …  Read →