PIA supports comprehensive reforms to the National Flood Insurance Program (NFIP).

• PIA supports the positive reforms embodied in the Flood Insurance Reform and Modernization Act of 2007, H.R. 3121 and S. 2284.  However, PIA does not support the addition of the multiple peril coverage in H.R. 3121.
• PIA supports the forgiveness of the NFIP’s debt so that the program can use current policy premiums to pay current policy claims and build up reserves for the next flooding events.  S. 2284 provides debt forgiveness.
• It is critical that Congress address reforms to the National Flood Insurance Program now to ensure the continuation of the program beyond its current September 30, 2008 expiration.

To learn more about PIA's position on the National Flood Insurance Program, read the February 2008 NFIP PIA Position Paper (PDF file).