Insurancenull

Congress has passed a bill that reauthorized the National Flood Insurance Program, (NFIP) for two more months.

This short-term reauthorization assures homeowners in flood-risk areas that they will have access to flood insurance needed for closing on new home purchases and for refinancing.

Congress will continue to debate how to restore financial stability to the National Flood Insurance Program. The NFIP was fiscally sound until it was overwhelmed by claims form Hurricane Katrina in 2005.

Lawmakers hope to come up with a long-term solution for the National Flood Insurance Program. In the meantime, reauthorization has been extended until July 31, 2012.

Share |


NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

Travelers
The Hartford
Mercury Insurance Group
Progressive
National General
Kingstone
Merchants Insurance Group
Mapfre
Narragansett Bay
Chubb
Fireman's Fund
Philadelphia

INSURANCE COVERAGE
Auto Insurance
Homeowners Insurance
Commercial Insurance
Flood Insurance

Life Insurance
Long Term Care Insurance
Disability Insurance
More Types of Insurance
Map CONTACT INFORMATION
Newbrook Insurance Agency
14 Roosevelt Avenue
Port Jefferson Station, NY 11776
Phone: (631) 473-7059
Fax: (631) 473-7592
Email: info@newbrookins.com

Stay Connected Facebook|Twitter|LinkedIn|Google+
Newbrook Insurance has been providing insurance to Long Island, including Suffolk County, Nassau County and all of our surrounding towns such as
Port Jefferson Station, Mount Sinai, Miller Place, Setauket, Stony Brook and Coram.