Congress recently approved another short-term extension of The National Flood Insurance Program (“NFIP”) through February 28, 2010. The NFIP extension was included in a defense appropriations measure, and was approved shortly before the program was to expire. As we previously reported here, the last temporary extension was approved as a continuing resolution of the House and Senate as part of an appropriations bill for the Department of the Interior.
We will continue to monitor NFIP-related developments and provide updates at InsureReinsure.com.