The National Flood Insurance Program has received another temporary extension, this time through May 31, 2012, meaning its future will remain in question for another year.

Legislation extending the National Flood Insurance Program (NFIP) to Nov. 18 passed today (Oct. 4), just days after the federal program, nearing expiration, was extended for a week.

The U.S. House of Representatives has approved a one-year extension of the National Flood Insurance Program, moving the measure one step closer to passage.

The U.S. House passed an extension to the National Flood Insurance Program, the first step in restoring the program, which expired May 31.

PAHU President Shelly Bloom: “We are still reviewing a 2,700-page bill and conflicting timelines of changes and regulations. I think there have been more questions recently [from members] and we need to wait for the answers from the federal government.”

After more than a year of debate, Washington, D.C., has put its punctuation mark on federal health reform, but for many agents’ groups, it appears to be less of a period and more of a question mark.

Mark Haraway, president of the Maryland Association of Health Underwriters, told IFAwebnews.com the group, like many other agents’ organizations, is still interpreting the sweeping changes of the Patient Protection and Affordable Care Act.

Calling its extension “a temporary fix,” the Independent Insurance Agents & Brokers of America is nonetheless commending the House for voting to extend the National Flood Insurance Program.

Maxine Waters …  Read →