Breaking News: House Approves Flood Insurance Program Renewal, Reforms

| at 5:38 AM

Insurance Journal Breaking News
July 13, 2011

Breaking News Alert

House Approves Flood Insurance Program Renewal, Reforms

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The House of Representatives has approved a bipartisan bill to reauthorize the federal flood insurance program for five years and change some of its practices to improve its financial operations.

The measure to renew and reform the National Flood Insurance Program (NFIP) passed by a vote of 406 to 22.

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