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Last three days for flood policies
©Associated Press
December 29, 2002
SARASOTA -- Congress' failure to renew a flood insurance program's authority to issue policies could temporarily leave some Floridians without a coverage that is required to get a mortgage in flood-prone areas of the state, federal officials said.
The lapse by U.S. lawmakers before adjourning leaves the National Flood Insurance Program unable to issue new policies or renew old ones after Tuesday, said Mark Stevens, a spokesman for the Federal Emergency Management Agency, which oversees the program. The earliest the program could regain that power would be when Congress reconvenes Jan. 7.
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Last three days for flood policies
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