📋 Tender Overview
With the National Flood Insurance Program NFIP set to expire at the end of this month U.S. Senator Kirsten Gillibrand urged Senate leadership to extend the NFIP without delay and to ensure that any legislation includes her reforms to fix the current broken system and make flood insurance policies more affordable for New Yorkers. Gillibrand helped write the bipartisan National Flood Insurance Program Reauthorization and Reform NFIP Re Act of 2019 which would extend the NFIP for five years and fix the problems plaguing the program. The NFIP Re Act of 2019 was introduced in the Senate earlier this summer but there has yet to be any meaningful action to pass this bill.Helping our communities prepare for and recover from the devastation caused by flooding should be one of our highest priorities here in the Senate especially as so many states continue to be hit with extreme weather. The National Flood Insurance Program is meant to protect households in New York and across the country from the losses that follow major flooding but for too many New Yorkers flood insurance is becoming unaffordable. Additionally following Superstorm Sandy we learned that our National Flood Insurance Program is broken and riddled with fraud said Senator Gillibrand. Congress has the chance now to fix this broken system. The NFIP Re Act of 2019 contains my reforms to make the flood insurance program more affordable transparent and accountable and thats why I am calling on Senate leaders to put this bill on the floor for a vote without delay.Many of Gillibrands provisions in the NFIP Re Act of 2019 were based on a bill Senator Gillibrand previously introduced. Her reforms include lessons learned following Superstorm Sandy when New Yorkers suffered from a flood insurance program that did not provide many homeowners and renters with critical support at a time when they needed it most. With less than two weeks to go until the NFIP expires and with more than five million American households depending on the NFIP for affordable insurance protection to cover losses from major flooding Gillibrand called on Senate leaders to act now. In a letter to Senate Majority Leader Mitch McConnell and to the Chairman of the Banking Committee Mike Crapo Gillibrand also called on them to ensure that any legislation to reauthorize the NFIP makes the program more affordable for low- and moderate-income homeowners and renters and that it also includes her provisions to fix the NFIPs broken claims process and protect against the practices that defrauded New Yorkers after Superstorm Sandy.
