What's The Future Of The National Flood Insurance Program?

Dec 20, 2019

Congress has passed two spending bills to fund the federal government. President Donald Trump is expected to sign them, avoiding a shutdown.

One provision in those bills is a reauthorization of the National Flood Insurance Program. With the president's approval, the program will be extended through Sept. 30, 2020.

While the insurance program will continue for now, its future is in jeopardy: It's more than $20 billion in debt. Premiums are too low, and there are people who probably should be paying into the pool who aren’t.

The South Florida Roundup delved into the issue. Host Jessica Bakeman talked about where NFIP now stands with Tom Frank, who covers the environment for E&E News, and WLRN’s environmental reporter Jenny Staletovich.