With the Hurricane Irma pounding Florida with historic intensity and Hurricane Harvey leaving unprecedented levels of flooding in parts of Texas, Congress is back in session — and, coincidentally, looking at reauthorizing the National Flood Insurance Program (NFIP). NFIP runs on five-year authorizations from Congress; the current one expires on September 30.

Here are the five things you need to know about this perennially problematic policy

Five reasons – read more