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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.