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Reauthorization of NFIP May Come Sooner Than Expected

As the beginning of hurricane season approaches, Congress is working to put the necessary reforms in place to reauthorize the NFIP by its Sept. 30 expiration date. Since the financial crisis has been the focus on Capitol Hill, a bill has not been introduced for NFIP, but legislation in the House led by Congresswoman Maxine Waters, D-Calif., is expected before the Memorial Day recess.


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