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WASHINGTON (June 8, 2021)

NAIC Urges Congressional Action on Long-Term NFIP Reauthorization

The nation's state insurance regulators sent a letter to Congressional leaders urging action on a long-term reauthorization of the National Flood Insurance Program (NFIP) before it expires on September 30, 2021. The hurricane season kicked off June 1, and a long-term extension will help provide certainty for policyholders in their efforts to prepare for flood disasters. The NAIC encourages Congress to work towards a reauthorization that supports private market development and resiliency planning. These measures will help provide consumers with additional choices and help minimize the impact of damage and economic loss. 

NAIC Letter to Congress