NU Online News Service, July 9, 11:33 a.m. EDT
WASHINGTON—President Obama late Friday signed legislation that reauthorizes the National Flood Insurance program until Sept. 30, 2017, ending years of political stalemate.
The signing marks the first time since 2004 that a new NFIP reauthorization has gone into effect, and ends a political impasse that began in 2007, when debate opened in the House on legislation that would replace the NFIP reauthorization legislation enacted in 2003.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
