With another stroke of the pen, President Obama signed a continuing resolution that keeps the troubled National Flood Insurance Program (NFIP) alive until May 31, 2012. The program had been scheduled to expire at midnight on December 23.
The Independent Insurance Agents & Brokers of America (IIABA/Big “I”), which represents a network of more than 300,000 insurance agents, brokers and their employees nationally, commended President Barack Obama for signing H.R. 2055, the “Consolidated Appropriations Act,” (known as the mini-bus) which extends the National Flood Insurance Program (NFIP) until May 31, 2012, into law.
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