House-approved stopgap measure extends NFIP through Tuesday

09/29/2011 | Business Insurance (tiered subscription model)

The House on Thursday voted in favor of a stopgap funding proposal including provisions to extend the National Flood Insurance Program through Tuesday. "We have avoided an NFIP lapse this week, but will face more uncertainty on Tuesday," PCI's Ben McKay said. "PCI is pleased that the House agreed to a short-term compromise to prevent a government shutdown and an NFIP lapse. We are hopeful that the House will pass the Nov. 18 extension on Tuesday."

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