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CNBC Ranks Virginia #1 for Business
CNBC has released its annual "America's Top States for Business" rankings, with Virginia at the top of the list. Contributing factors include workforce, economy, infrastructure, cost of doing business, quality of life, education, technology and innovation, business friendliness, access to capital and cost of living.
 
National Flood Insurance Program Extended Thru September

The National Flood Insurance Program (NFIP) was slated to expire on May 31st. Last week, the House passed a two-week extension, through June 14th, preventing an NFIP lapse.

On June 4th, Congress passed the Disaster Relief bill which included an extension of the National Flood Insurance Program through the end of September. This bill is now awaiting the President's signature. Posted June 5, 2019.

 
Flood Insurance Extended Until May 31

On Friday, December 21st, Congress passed an extension of the National Flood Insurance Program until May 31, avoiding a lapse that would have begun that night. The President is expected to sign the bill.

NAR appeciates that Congress extended the National Flood Insurance Program before it expired; however, continues to encourage lawmakers to craft responsible, long-term reauthorization that includes meaningful reforms.

UPDATE: On Thursday, December 27th, FEMA ruled that the flood insurance program cannot be extended during the government shutdown. On Friday, December 28th, FEMA reversed its position -- thanks in part to efforts by NAR, Congress and several insurance organizations. FEMA will resume issuing and renewing flood insurance policies.

 
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