Likely that NFIP Funding Will be Extended Reports Fidelity National

Online, September 25, 2009 (Newswire.com) - Fidelity National Property and Casualty Insurance Group reports that The National Flood Insurance Program will likely be extended past the Sept. 30, 2009 expiration date by a continuing resolution of Congress for 30 days In addition, it is expected that the Appropriations Committee will then be discussing a further extension of the program upon the new expiration date. " As soon as we have any information concerning the extension of the NFIP, rest assured we will notify our agency partners confirmed Patty Templeton-Jones, VP and NFIP Principal Flood Coordinator for Fidelity National.

As many property owners across the South are experiencing flood loss, policyholders should know that Fidelity and the National Flood Insurance Program stand behind their policies and anticipate continuation of the flood program, continued Ms. Templeton-Jones

In addition it was communicated previously by FEMA that "...The most likely scenario is that there will be another short-term reauthorization, possibly until the end of the fiscal year, September 30, 2009, to give Congress time to enact reforms that both bodies can agree on."

Fidelity National Property and Casualty Insurance Group is the largest provider of NFIP flood policies in the U.S. The National Flood Insurance Program (NFIP), a component of FEMA, provides flood insurance in more than 20,000 communities across the United States. A continuing resolution, a measure enacted by Congress to provide budget authority for federal agencies and programs until regular appropriations acts are enacted, will provide funding to NFIP programs until a full extension can be enacted.

Fidelity National Property and Casualty Insurance Group is a subsidiary of Fidelity National Financial and is a nationwide provider of personal insurance products, including residential property, auto, flood and umbrella insurance. Agents may visit us at www.fidelityonline.com.