The National Association of Professional Insurance Agents has asked the Federal Insurance and Mitigation Administration to seek an executive order from President Bush to keep the National Flood Insurance Program operating after Dec. 31.Because Congress adjourned without reauthorizing the program, the NFIP may not be able to issue new policies, which are required for a mortgage loan for homes located within designated flood hazard areas, after the end of the year. The insurance agents and other groups are seeking ways to keep the flood program operating without interruption.
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