Congress appears ready to pass a short-term National Flood Insurance Program reauthorization by midnight tonight, according to insurance-industry lobbyists, who add that a long-term extension is still in play.

Insurance representatives sitting on three separate panels failed to provide a consensus on what the role of the Federal Insurance Office should be in insurance regulation.

Insurance representatives sitting on three separate panels failed to provide a consensus on what the role of the Federal Insurance Office should be in insurance regulation.

House Republicans Thursday proposed packaging a five-year National Flood Insurance Program extension into a deal that would extend expiring tax cuts.

House Republicans Thursday proposed packaging a five-year National Flood Insurance Program extension into a deal that would extend expiring tax cuts.

A panel of the House Financial Services Committee has reported out legislation to the full committee that would significantly restrict the ability of federal regulators to get financial information from insurance companies.

A panel of the House Financial Services Committee has reported out legislation to the full committee that would significantly restrict the ability of federal regulators to get financial information from insurance companies.

The Senate last night unanimously passed legislation extending the National Flood Insurance Program until May 31, 2012.