PIA Comments As National Underwriter Names NFIP One of Top Stories
The National Underwriter, in a series of articles on its Top 10 most important insurance stories of 2010, names the on-again, off-again congressional travails of the National Flood Insurance Program (NFIP).
The first sentence in the article summed it all up:
"The National Association of Professional Insurance Agents has described 2010 as a year of 'stop-and-starts' for the critical National Flood Insurance Program."
The article goes on to tell the story of a year in which there were four short-term lapses in the authorization for the program, followed by a one-year extension. It also talked about a good bill that passed the House but died in the Senate. Commenting in the article was Rita Hollada, PIA National's representative to the Flood Insurance Producers National Committee (FIPNC) and a former FIPNC chair.
Click here to read NFIP Extended After Multiple Hiccups (National Underwriter 12/20/10)