Congress to pass a short-term NFIP extension bill this week, officials say

09/18/2011 | PropertyCasualty360

Congress is expected to approve this week a bill that would reauthorize the National Flood Insurance Program through Nov. 18, according to insurance-industry officials. The industry is supporting the measure to prevent another lapse and give lawmakers enough time to complete legislation that would revamp the NFIP, they said. "While we are urging a five-year program reauthorization, we support a short-term extension that will provide additional time to discuss a comprehensive bill," PCI's Ben McKay said.

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