The National Association of Insurance Commissioners held a meeting at the White House with the Federal Emergency Management Agency Review Council as authorization for the National Flood Insurance Program was set to expire later the same day, using the session to reiterate state regulators’ priorities for flood insurance, consumer protection, and disaster resilience. The NAIC called for market stability through a long-term NFIP reauthorization of at least 10 years, noting that Congress has passed 33 short-term reauthorizations since 2017. Other priorities raised included support for mitigation initiatives such as premium discounts for resilient construction, tax-preferred savings for mitigation, and parity for state mitigation grants, alongside accurate flood mapping and responsible growth of private flood insurance options.
National Association Of Insurance Commissioners 2025-10-01
National Association of Insurance Commissioners presses FEMA Review Council for long-term NFIP reauthorization and flood insurance priorities
The National Association of Insurance Commissioners (NAIC) met with the Federal Emergency Management Agency Review Council at the White House as the National Flood Insurance Program (NFIP) faced imminent expiration. The NAIC advocated for a 10-year NFIP reauthorization to ensure market stability, highlighting the need for mitigation initiatives, accurate flood mapping, and the expansion of private flood insurance options.