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Member, Beacon International Group, Ltd.
WASHINGTON—The Senate adjourned Friday without extending the National Flood Insurance Program, which is slated to expire Sunday.
Language that would have kept the program in place until April 30 was part of a more comprehensive bill that extended a variety of federal programs. Although the bill won House approval earlier this month, it stalled in the Senate, which is not expected to resume consideration of the measure until it reconvenes April 12.
Insurers expressed concern about the lapse of the NFIP.
“This is an important program that has unfortunately been allowed to expire because of political or legislative issues that have nothing to do with it,” said a spokesman for the National Assn. of Mutual Insurance Cos. in Washington.
“It’s going to have an impact,” he said.