Next month will see a spate of congressional focus on insuranceregulatory issues as both houses plan some action before departingon an extended summer vacation and returning for a brief fallsession before adjourning to campaign.

Meanwhile, industry officials are voicing hope privately thatCongress, sometime in July, will complete work on legislationreauthorizing and reforming the National Flood InsuranceProgram.

That is because the current authorization for the program runsout Sept. 30, at the end of the current government fiscal year, andmembers of Congress hope to keep the fall session as brief aspossible because it is a presidential election year.