Senate Banking Committee Looks at Flood Insurance Rescue Wednesday
"The National Flood Insurance Program (NFIP) is set to expire on Sept. 30, just as the 2010 Atlantic Hurricane Season reaches its height.
The House has already passed an extension, while a Senate panel is slated to hear a bill this week. But insurers are anxious and urging Congress to take immediate action to reauthorize the federal insurance program."Source: Insurance Journal, 09/21/2010