National Conference of Insurance Legislators Urges Congress to Pass NFIP Reauthorization Legislation

MANASQUAN, New Jersey, Sept. 30 (TNSPol) -- The National Conference of Insurance Legislators issued the following news release:

The National Council of Insurance Legislators (NCOIL) urges a timely reauthorization of the National Flood Insurance Program (NFIP) before its expiration on September 30th.

"As we enter the second half of an already incredibly active hurricane season, it is essential that Congress pass, and President Biden signs, legislation reauthorizing the NFIP so that millions of consumers don't lose access to affordable flood coverage. Consumers must be protected, especially during such a damaging hurricane season," said IN Rep. Matt Lehman, NCOIL President.

"We urge swift reauthorization of the NFIP to avoid any disruption to consumers and their homes, businesses, and personal property. Further, this proverbial kicking the can down the road through a series of short-term extensions must stop. Congress and the President must come together to finally pass a long-term reauthorization of the NFIP that ensures consumers are protected and creates an environment for the private flood insurance market to work in tandem with the NFIP," said Commissioner Tom Considine, NCOIL CEO.