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NFIP extended through end of February

Jeff Casale

December 21, 2009 Reprints

Catastrophes P/C Legislation & Regulation More + Less -

WASHINGTONPresident Obama has signed a bill that extends the existing National Flood Insurance Program through Feb. 28, 2010.

The Senate passed the short-term NFIP extensionincluded in a defense appropriations measureon Dec. 19, shortly before the program was to expire.

“We applaud the Senate for keeping the National Flood Insurance Program in place,” Ben McKay, senior vp of federal affairs for Property Casualty Insurers Assn. of America, said in a statement.

“We look forward to working with the House and Senate in 2010 to advocate a long-term extension that ensures the program’s fiscal soundness and protects homeowners,” he said.

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NFIP extended through end of February

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