Senate Extends National Flood Insurance Program Through Hurricane Season
Aug 15, 2018 08:46AM
● By Flint Zerangue, Sr.
Just hours before funding was set to expire, the Senate in an 86-12 vote cleared a short-term extension of the National Flood Insurance Program (NFIP) that if expired would have affected some 500,000 active policy holders in Louisiana.
U.S. Sen. John Kennedy (R-La.) issued a statement after the Senate passed a four-month reauthorization of the National Flood Insurance Program (NFIP).
“It would have been bone-deep, down-to-the-marrow stupid to let the National Flood Insurance Program expire in the middle of hurricane season, and my colleagues realized that,” said Sen. Kennedy. “With this extension in place, we can tackle long-term reforms. The last time we truly reformed the NFIP was never. It’s about time we did. The program needs to be affordable and sustainable.”
Sen. Kennedy has pushed for an extension of the National Flood Insurance Program while working on long-term reforms that will keep premiums affordable for families.