The Federal Emergency Management Agency revised its guidance for insurance policies affected by the two-day lapse in the National Flood Insurance Program as a result of the delay in the Senate’s approval of the program's reauthorization bill. The changes allow policyholders whose coverage was renewed on Monday March 1 and Tuesday March 2 to carry those dates in their policies.
FEMA Revises Guidance on Policies Affected by Lapse (National Underwriter 3/5/10)
FEMA Revised Guidance Bulletin (3/4/10)
March 10, 2010