NFIP Extension Through Sept. 30 Awaits President’s Signature

    Posted by MAIA on May 31, 2019

    Flood

    On Monday, June 3, the Big “I" released the following statement by Charles Symington, Big “I" senior vice president of external, industry & government affairs, on the Congressional reauthorization of the National Flood Insurance Program (NFIP):  “The Big 'I' thanks the House of Representatives for passing the disaster supplemental, which includes a four-month extension of the NFIP through Sept. 30, the end of the fiscal year. The Senate had previously passed the same legislation and we now urge President Trump to quickly sign it into law to avoid expiration of the NFIP in mid-June. With historic flooding in the Midwest and hurricane season upon us, a lapse in the NFIP would be devastating to more than five million policyholders and countless others who depend on the program. The Big 'I' looks forward to continuing to work with Congress and the administration to support a long-term reauthorization of a modernized program that would increase take-up rates for flood insurance both in the NFIP and in the private market.”


    For information from MAIA’s Number One Insurance Agency about private flood insurance or our full-service Flood Concierge Program, contact Judy Carlson at jcarlson@massagent.com or 508-634-7368.

    Topics: The Massachusetts Agent, Flood

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