President Barack Obama signed into law legislation extending the National Flood Insurance Program as is until Sept. 30, 2011â€"averting what would have been yet another shutdown of the federal catastrophe coverage plan. But industry officials are urging a more comprehensive reform effort in the year ahead. The NFIP, which lapsed three times this year, has become a political football because it is more than $18 billion in debt, according to David Sampson, president and CEO of the Property Casualty Insurers Association of America.