PIA Urges House to Renew National Flood Program

June 21, 2004

The National Association of Professional Insurance Agents (PIA) is urging the House of Representatives to follow the lead of the Senate and pass legislation reauthorizing the National Flood Insurance Program (NFIP).

On June 15, the Senate passed by unanimous consent S. 2238, which reforms the NFIP and reauthorizes it for a period of five years. The House is expected to vote on the measure next week. Authorization for the flood insurance program will expire on June 30 if the House fails to act.

“It’s one down and one to go,” said PIA Assistant Vice President of Federal Affairs Peter Bizzozero. “Since the House previously passed its own version of flood insurance reform with a five year reauthorization, we are hopeful that approval of the Senate bill will occur smoothly next week. But we aren’t leaving it to chance.”

PIA has initiated a nationwide grassroots action campaign, asking its members to contact their local members of the House and urge them to pass flood insurance legislation before the program expires on June 30. The association conducted a similar grassroots campaign in advance of the Senate vote.

Approximately 95 percent of the flood insurance sold in the United States is backed by the National Flood Insurance Program.

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