II_ILS_Small3-01.svg
  • Insurance Insider
  • Insurance Insider US
  • Insurance Insider ILS
  • Request free trial
  • Subscribe
  • Newsletter preferences Bookmarked content Contact us Logout
II_ILS_Small3-01.svg
Senate backs short-term NFIP funding extension
  • X
  • LinkedIn
  • Bookmark
  • Show more sharing options
  • Copy Link URL Copied!
  • X
  • LinkedIn
  • Insurance Insider
  • Insurance Insider US
  • Insurance Insider ILS
  • Sections
    • Sections
      • News
      • Analysis
      • Data
      • Opinion
      • All sections
  • Lines of business
    • Personal lines
      • All personal lines
    • Commercial lines
      • All commercial lines
    • Reinsurance
      • Retrocession
      • Legacy
      • Property treaty
      • All reinsurance
    • Specialty lines
      • Cyber
      • All specialty lines
  • Segments
    • Segments
      • ILS investors
      • ILS managers
        • Data - Fund Directory
        • Data - Eurekahedge Index
      • All segments
    • Companies
      • All companies
  • Topics
    • Capital markets
      • Sidecars
      • ILWs
      • Catastrophe bonds
        • Data - Cat Bond Tracker
        • Data - Plenum Indices
      • All capital markets
    • Industry topics
      • Catastrophe losses
      • M&A
        • Data - M&A Tracker
      • Talent
        • Data - Talent Tracker
      • Renewals
      • Capital raising
      • All industry topics
  • Data
    • Data
      • ILS Fund Manager Directory
      • Talent Tracker
      • Cat Bond Market Activity Tracker
      • ILS Manager M&A Activity Tracker
      • Plenum Cat Bond UCITS Fund Indices
      • ILS Advisers Fund Index
      • All data
  • Regions
    • Regions
      • North America
        • Florida
      • UK and Europe
      • Bermuda
      • All regions
  • More
    • Multimedia
      • Insider on Air
      • Videos
        • Editor's Picks
        • Insider Outlook
        • 5 Minute Takes
        • Ahead of the Curve
      • Webinars
        • Upcoming webinars
        • On-demand webinars
      • Podcasts
        • CEO Perspectives
        • Behind the Headlines
      • Multimedia
    • Events
      • Our events
        • ILS Awards
        • London Market Conference 2025
      • Industry events
        • Monte Carlo 2025
      • All events
  • My account
    • Newsletter preferences
    • Bookmarked content
    • Contact us
  • Request free trial
  • Subscribe
  • Logout

Senate backs short-term NFIP funding extension

John Hewitt Jones
27 September 2019
  • X
  • LinkedIn
  • Bookmark
  • Show more sharing options
  • Copy Link URL Copied!
  • X
  • LinkedIn

The US Senate has approved a measure that guarantees temporary funding for the National Flood Insurance Program until at least 21 November.

The Senate voted in favour by a margin of 82-15 on 26 September and passed it to president Donald Trump for his signature.

The resolution’s passage through the Senate follows the approval of the measure by the US House of Representatives last week.

A continuing resolution is a type of legislation that appropriates money to specific federal government departments. This measure includes a funding agreement for the NFIP. 

The measure is at least the third short-term extension of the government-backed flood insurance programme since the start of the year. 

In June Congress passed an emergency relief bill guaranteeing funding for the scheme until at least 30 September. 

This came after US lawmakers in May pushed back the deadline for the flood insurance NFIP’s funding expiration to 14 June 

Since June, Congresswoman Maxine Waters, a Democrat representing California, has fought to introduce legislation that would extend the NFIP by five years. 

That month it received unanimous backing from the US House of Representatives’ committee on financial services. 

Commenting on the passage of the resolution, Independent Insurance Agents & Brokers of America spokesperson Charles Symington urged Trump to quickly sign the resolution into law. 

“A lapse in the NFIP would be devastating to the more than five million policyholders and countless others who depend on the program,” he said. 

Topics

News
JJ
John Hewitt Jones
101

Most Recent

  • Postcard from Bermuda: ILS sector anticipates delivering three strong years

  • GC calls for ‘proper sharing of fortunes’ between cedants and reinsurers

  • 777 Partners co-founder Wander hit with federal fraud charges

  • Weekly Digest: Top ILS news

  • Lloyd’s attracting more trading interest, including ILS

Gift this article

As a premium subscriber, you can gift this article for free

https://www.demo.com/demo-article/
Link copied to clipboard

You have reached the limit for gifting for this month

There was an error processing the request. Please try again later.

You have 10 article gifts to share each month
  • Company
    • About us
    • Testimonials
  • Solutions
    • Our solutions
    • Request free trial
    • Subscribe
    • Marketing Services
  • Events
    • All events
    • Insider Progress
  • Resources
    • FAQS
    • Supplements
    • Archives
  • Contact Us
    • Editorial
    • Subscriptions
    • Marketing Services
Insurance Insider ILS Logo Reduced.svg

Insurance Insider ILS is the premier intelligence solution for the ILS insurance market.

Follow us on:
  • twitter
  • slipcase
  • linkedin

© 2025 Insider International Limited, company number 15236286, 16–18 Middlesex Street, London, E1 7EX. All rights reserved

Accessibility | Terms of Use | Privacy Policy | Cookie Policy



Cookies Settings