WASHINGTON, D.C. – RealEstateRama – With authorization for the National Flood Insurance Program (NFIP) expiring later that same day, members of the National Association of Insurance Commissioners (NAIC) met with members of the Federal Emergency Management Agency (FEMA) Review Council at the White House. During the meeting, NAIC members reiterated several longstanding priorities for state insurance regulators.
The delegation, led by North Dakota Insurance Commissioner and NAIC President Jon Godfread, engaged with federal partners to share state insurance regulators’ unique, on-the-ground perspectives related to flood insurance, consumer protection, and disaster resilience.
“It was an honor to advocate on consumers’ behalf in our nation’s capital,” said Commissioner Godfread. “As we help consumers prepare for severe weather, reduce their risk, and speed recovery, state insurance regulators are committed to expanding access to flood insurance through both the NFIP and private coverage.”
NAIC members discussed issues including:
- Stability for policyholders by passing a long-term reauthorization of the NFIP.
- Support for mitigation initiatives, such as premium discounts for resilient construction, tax-preferred savings for mitigation, and parity for state mitigation grants.
- Accurate flood mapping.
- Responsible growth of private flood options.
Since 2017, Congress has passed 33 short-term NFIP reauthorizations, usually as part of a continuing resolution or appropriation bill. To best support market stability, the NAIC supports a long-term NFIP reauthorization lasting at least 10 years.
Participating State Insurance Regulators
- Cassie Brown (TX)
- Heather Carpenter (AK, Virtual)
- Jon Godfread (ND)
- Ricardo Lara (CA, Virtual)
- Timothy Temple (LA)
- Scott White (VA)
- Michael Yaworsky (FL)
- Justin Zimmerman (NJ)
Background
May 2025 NAIC Issue Brief supporting long-term NFIP reauthorization
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.
