With expiration of the National Flood Insurance Program looming once again–this time on Sept. 30–property and casualty industry lobbyists are moving on several fronts to ensure that the coverage is sustained, if only on a temporary basis, at least into 2011 and the next Congress.
The most likely vehicle for an extension is the Homeland Security Department's appropriations bill, according to officials of the Independent Insurance Agents and Brokers of America.
IIABA's senior vice president for government affairs, Charles Symington, said insurance trade groups–joined by the real estate industry–are working with Sen. David Vitter, R-La., to include a provision in the DHS bill extending the program, hopefully into the next Congress.
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