The National Association of Professional Insurance Agents (PIA) believes the time to act is not at the end of the current National Flood Insurance Program (NFIP)'s temporary extension. (Photo: iStock)
The National Flood Insurance Program (NFIP)'s five-year authorization originally expired on September 30, 2017.
Congress had not agreed to reforms in time for a reauthorization bill to be signed into law by its expiration date, so it was included in a short-term extension of federal government spending, an ominous sign for an already-troubled program. The program was then subjected to four additional short-term extensions between December and March.
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