PIA Urges Senate to Act on NFIP Reauthorization

Congress should move quickly on legislation to provide a long-term reauthorization of the National Flood Insurance Program, urged PIA in a letter to `Senate leadership...
June 19, 2018

Congress should move quickly on legislation to provide a long-term reauthorization of the National Flood Insurance Program (NFIP), urged PIA in a letter to `Senate leadership. “We encourage the Senate to act soon on legislation, rather than risk the program lapsing after its July 31 deadline in the middle of hurricane season. Any reauthorization of the NFIP should contain improvements to the program but take care not to include provisions that would have unintended negative consequences.” PIA noted it opposes any provision that would cut the Write-Your-Own (WYO) reimbursement rate without a strong protection for agent compensation.


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