Senate Passes Six-month Flood Fix

Monday, December 12th, 2011 Catastrophe Property Subrogation

With another expiration of funding for the National Flood Insurance Program looming, a continuing resolution to keep the program afloat has passed the Senate by unanimous consent. Sponsored by Sen. David Vitter (R-La.), the bill, S. 1958, funds the NFIP through May 31, 2012. S. 1958 will now be considered by the House of Representatives as the latest short-term extension of the NFIP expires Dec. 16, 2011.

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http://www.insurancenetworking.com/news/national-flood-program-extension-29486-1.html

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