The major federal flood-insurance program that covers millions of properties is set to expire by the end of this month. Experts expect Congress to reauthorize the program — but also question whether renewing what they call a flawed program will be enough to help homeowners.
The National Flood Insurance Program, or the NFIP, needs to be reauthorized by Congress by the end of September so that home buyers purchasing properties can close on their homes with new policies. Buyers who purchase properties with government-backed mortgages…
