Hurricane aid may breathe life into NFIP

A three-month extension of the National Flood Insurance Program,
or NFIP, was bundled into an emergency hurricane aid package that
passed in the US Senate today in a move that would ensure the
programme stays in business past the end of this month if it wins
approval in the House of Representatives.
House Financial Services Committee chairman Jeb Hensarling, a
Texas representative whose panel oversees the programme, yesterday
indicated he would accept a short-term extension of NFIP and would
onl