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PIA Pleased with Four-Month NFIP Extension, Says Time is Now for Long Term Reauthorization

National Flood Insurance Program (NFIP) extended to September 30th..
June 4, 2019

WASHINGTON — The National Association of Professional Insurance Agents (PIA National) is pleased that the House passed H.R. 2157, disaster relief legislation that also includes an extension of the National Flood Insurance Program (NFIP) to September 30th. This comes after the House failed to extend the NFIP on three recent occasions, before finally passing a two-week extension on Thursday May 30th which the president signed into law hours before the program’s expiration.

Now that the House has finally passed the disaster relief bill (H.R. 2157) which includes a four-month NFIP extension, PIA National urges President Trump to sign it into law.

“It is fortunate that we avoided a lapse in the flood insurance program, albeit again at the last minute,” said Jon Gentile, vice president of government relations for PIA National. “Last week’s political showmanship needlessly delayed funds for disaster-stricken areas and almost led to the NFIP lapsing at the beginning of hurricane season.”

“This is the 12th short term extension of the NFIP since its original expiration date in September 2017,” Gentile said. “Passing the buck time and time again with short term extensions only produces uncertainty for consumers, the insurance industry and real estate markets.”

“Congress must get serious and pass a long-term reauthorization that has a chance of passing both chambers, and that also recognizes the key role independent insurance agents play in delivering this important program to homeowners and business owners,” Gentile said. “The time for endless delays is over. It’s time to act.”

Founded in 1931, PIA is a national trade association that represents member insurance agents and their employees who sell and service all kinds of insurance, but specialize in coverage of automobiles, homes and businesses. PIA members are Local Agents Serving Main Street America SM.PIA’s web address is www.pianet.com.

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