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The house of representatives is likely to take up legislation that would reauthorize the National Flood Insurance Program for five years before Memorial Day, hopefully providing certainty for a program that has lived on the edge since 2008.

One hurdle was removed when the House Financial Services committee watered down to a “study” a proposed amendment mandating that NFIP customers serviced by State Farm agents be pushed back into the private sector within 27 months of enactment of the legislation.

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