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National Flood Insurance Program faces another December expiration
The NFIP has relied on dozens of short-term extensions since 2017, and no new policies were sold or renewed during the most recent lapse window.
The National Flood Insurance Program is again scheduled to expire in December, after Congress passed legislation renewing the program through midnight Dec. 12, according to Insurance Journal.
The Congressional Research Service says the NFIP has seen 36 short-term extensions since the end of fiscal year 2017. The program was reauthorized in November 2025, and again in February and September 2026.
Insurance Journal also notes that the latest actions came amid government disruption, with last November’s reauthorization occurring after a 43-day shutdown. During that timeframe, no new federal flood insurance policies were sold or renewed.
The report says FEMA, which administers the NFIP, could pay some claims only with available funds, while its ability to borrow from the U.S. Treasury was limited to $1 billion from more than $30 billion. The insurance industry and groups including the National Association of Realtors have continued lobbying for longer-term extensions and reforms.