National Flood Insurance Program

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Congress approves a 4-month rescue of flood insurance program

Jun 04, 2019By

Congress passed a bill late Monday, two days after the start of the U.S. hurricane season, that extends the National Flood Insurance Program by four months. The move came on top of a stopgap vote on Thursday that kept the program from expiring over the weekend. FEMA estimates the need for flood insurance will expand by up to 45% by 2100 because of climate change.