Cassidy Seeks Input FROM NFIP Stakeholders on Proposed Reform

WASHINGTON– U.S. Senator Bill Cassidy, M.D. (R-LA) is requesting input from National Flood Insurance Program (NFIP) stakeholders and other interested parties on potential reforms to the program.
For over 50 years, NFIP has provided Americans with access to affordable flood insurance, addressing a gap left by the private market, which could not offer coverage on reasonable terms. Established by the National Flood Insurance Act of 1968, the program was designed to reduce the financial burden on individuals and the federal government by sharing flood risk and requiring participating communities to adopt floodplain management standards that lower flood risk. Many of the market challenges that led to the program’s creation persist today.
As the Senate considers how to modify the NFIP, Senator Cassidy is inviting feedback on S. 2142—the National Flood Insurance Reauthorization and Reform Act of 2023. Input is likewise requested on a variety of topics, including reauthorization, affordability, mitigation, Risk Rating 2.0, and transparency, among other issues.
Cassidy’s goal is to ensure any changes to NFIP are informed by sound analysis, practical insights, and credible research. The deadline to submit input is September 15, 2025.
Cassidy was joined by U.S. Senator Cory Booker (D-NJ) in sending the request.
Read the full requesthereor below.
To Interested Parties,
For the last half century, the United States Government ensured that American homeowners could access affordable flood insurance through the National Flood Insurance Program (“NFIP”).  The NFIP was created pursuant to the National Flood Insurance Act of 1968[1]on the basis that it was “uneconomic for the private insurance industry alone” to meet the demand for flood insurance policies with “reasonable terms and conditions.”[2]Where an affordable private market was lacking, Congress determined that the federal government could step in to alleviate “an increasing burden on the Nation’s resources” and to “shar[e] the risk of flood losses,” thereby transferring to the federal government some of the financial burdens borne by individual policyholders, while also requiring communities that participate in the program to adopt floodplain management standards that significantly lower flood risk.[3]NFIP was Congress’s solution to these market inefficiencies, of which many still remain.[4]
As the Senate deliberates the best approach to reauthorizing and reforming the NFIP, we invite interested parties to provide input and feedback.  The most recently introduced comprehensive reform proposal isS. 2142, National Flood Insurance Reauthorization and Reform Act of 2023.  Which provisions therein are most important?  Why?  Please explain your rationale and provide any relevant data or examples.  Likewise, if you find any provisions to be problematic, we ask that you detail your concerns and include any data or evidence that supports your position or illustrates unintended consequences.  Trustworthy data and research with proper citations will be especially appreciated, as they help ensure that decisions made about the NFIP’s future are based on sound policy analysis. In addition, we welcome any suggestions for alternative language or policy approaches that you believe would improve the NFIP.  More specifically, in addition to providing comments on S. 2142, National Flood Insurance Reauthorization and Reform Act of 2023, we invite your responses to the questions enumerated below.
Please send responses toFlood@cassidy.senate.govby September 15, 2025.  Responses will be treated as confidential and will only be shared with the Senate Banking Committee, as well as the Senate offices leading this Request for Information.  We look forward to reviewing your submissions.
Reauthorization
Affordability
Mitigation
Mapping
Risk Rating 2.0
Solvency and Savings
Enhancing Transparency and Accountability
Severe Repetitive Loss Properties
Mandatory Purchase Requirement
Participation in the Program
Continuous Coverage Requirement
Disproportionate Impact on Communities
NFIP Coverage Limits
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