The NFIP’s funding authorization is expected to expire today December 20, 2024, at midnight. The risk of the potential for a lapse in funding the NFIP is high due to the current political landscape around budget negotiations among lawmakers in Washington.

Chief Compliance Officer Kirk Stephens, CRCM, explains explains the implications of a lapse in funding for the NFIP. It also discusses how lenders can prepare themselves, and what SUI is doing to help protect our clients.

View the newsletter PDF below.