Senate To Give Flood Insurance Extension Another Shot

Law360, New York (April 25, 2012, 5:28 PM EDT) -- Sen. David Vitter, R-La., introduced a bill Tuesday to extend the soon-to-expire National Flood Insurance Program through the end of the year, after Congress has failed thus far to come to an agreement extending the program on a long-term basis.

The House and Senate could not agree last year on reauthorizing the program, which makes federally backed flood insurance available to homeowners, renters and business owners; it is slated to expire May 31.

The Federal Emergency Management Agency put pressure on lawmakers Wednesday to extend the...
To view the full article, register now.