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Insurance industry calls for NFIP extension, Risk Rating 2.0 delay

With the National Flood Insurance Program (NFIP) set to expire within a matter of days, the insurance industry is rallying together to urge lawmakers to extend the program to ensure millions of Americans don’t experience a lapse in coverage.

The NFIP is due to expire at the end of the fiscal year on Sept. 30. Currently, the NFIP Extension Act of 2021 is under consideration in the U.S. Senate and would extend the program to Dec. 3, 2021.

Read more: https://www.propertycasualty360.com/2021/09/22/insurance-industry-calls-for-nfip-extension-risk-rating-2-0-delay/