Federal Flood Insurance Program Extended... At Least Until November 18th

The Insurance Journal is reporting that the United States House of Representatives passed legislation that will extend the federal flood insurance program until at least November 18, 2011. The Senate passed the legislation last week, and President Obama is expected to sign it today.

From the Insurance Journal:
The House and Senate are currently working on legislation that would extend the program for five years and make needed reforms to the program. The House passed its version of the legislation in July and the Senate Committee on Banking has passed a version. But the bill must still be considered by the full Senate.

Read the full article:

No comments:

Post a Comment