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.

With hurricane season approaching, Virginia’s insurance commissioner is urging state residents to talk to their insurance agents and providers about coverage options, including the National Flood Insurance Program (NFIP).

Mississippi Gov. Haley Barbour has vetoed the allocation of $20 million by state legislators to subsidize the state’s Windstorm Underwriting Association (Windpool), calling such a move “not only unacceptable, but irresponsible.”

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.

A national insurance agents group is asking Congress to finally address a long-term solution to preserve the National Flood Insurance Program for the foreseeable future.

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 →