NU Online News Service, Aug. 29, 12:55 p.m. EDT
WASHINGTON—The Senate Banking Committee plans to take up its version of legislation extending the National Flood Insurance Program (NFIP) on Sept. 8, immediately after Congress returns to work, says an insurance industry lobbyist.
Robert Gordon, senior vice president of policy development and research for the Property Casualty Insurers Association of America, discloses the Senate's plans as a number of industry lobbyists urged prompt congressional action on legislation reauthorizing the NFIP in the wake of the devastation wrought by Hurricane Irene.
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