Congress may renew authorization for the National Flood Insurance Program to keep operating without adopting any reforms, a ranking federal official told state lawmakers.
Edward Pasterick, a senior aide in the Federal Emergency Management Agency's mitigation unit, said federal legislators may simply renew the existing program--which is due to expire on Sept. 30--and delay a decision on making changes.
Mr. Pasterick, addressing last week's meeting of the National Conference of Insurance Legislators here, said it is entirely possible Congress could decide to "just extend the current program and defer action on any other policies."
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