NU Online News Service, Aug. 18, 2:43 p.m. EDT
A five-year National Flood Insurance Program extension bill passed by the House in July is unlikely to pass the Senate before the program's next scheduled expiration on Sept. 30, representatives for two Washington-based agent groups said.
Rita Hollada, National Association of Professional Insurance Agents' (PIA) representative to the Flood Insurance Producers National Committee (FIPNC), and a former FIPNC chair, said the expectation she is hearing is that if the program is reauthorized without lapsing again, it will probably be another short-term extension to Dec. 31 to bide time until the next Congress can act on reforms to the program.
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