Mid-America Catastrophe Services

If today's bid fails, next likely vote to restart flood insurance: July 12

 Thursday, July 1, 2010

 Insurance Journal

The future of the National Flood Insurance Program (NFIP) remains in limbo even as Hurricane Alex makes its way to the Texas coast today. Washington lobbyists say a vote could come today but if that doesn't happen it could be until July 12 or thereafter before another vote is possible since Congress will not be around during the July 4th holiday. The NFIP expired on June 1, the first official day of hurricane season. Since then, flooding has occurred in several states.
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