National Flood Insurance Program Given LastMinute Extension

first_img in Daily Dose, Featured, Government, News Congress Disaster flood Natural Disasters NFIP 2019-05-30 Mike Albanese May 30, 2019 310 Views Post updated at 8:31 a.m. on Friday, May 31The National Flood Insurance Program (NFIP) received a last-minute extension Thursday evening, preventing the program from lapsing.The Advocate reports Congress is expected to pass yet another extension–the 12th in two years–on Monday when it returns from its recess. The anticipated extension set for Monday would extend the program to September as Congress discusses a long-term solution.The NFIP covers 5 million policyholders in flood-prone areas.The program was set to expire at 11:59 p.m. on Friday, May 31, and two prior attempts to extend the program failed. The Senate had approved two bills to extend the program: the first is part of the disaster relief legislative package that would extend the NFIP through Sept. 30, and the second would provide a two-week extension.Two prior attempts to gain unanimous consent were block by representatives Chip Roy (R-Texas), Thomas MaThe National Association of Home Builders states that Congress requires all properties with the 100-year floodplain purchase with a federally-backed mortgage to carry flood insurance. A short-term shutdown means insurers and insurance agents cannot sell or renew flood insurance policies back by the program because of lack of government funding. The results could mean new or renewing federal flood insurance policies not be written during the lapse.The U.S. House of Representatives passed H.R. 2578 earlier in April, which would have extended the NFIP’s authorization to September 30.“The NFIP plays an important role in disaster preparedness and resiliency by providing flood maps, setting standards for floodplain management, and investing in mitigation for our homes, businesses, and infrastructure. According to the Federal Emergency Management Agency, everyone is at risk of flooding,” said Maxine Waters, Congresswoman Maxine Waters (D-CA) and Chairwoman of the House Financial Services Committee. “That means that this is not just a coastal issue—we all have an interest in ensuring a strong National Flood Insurance Program.center_img Share National Flood Insurance Program Given Last-Minute Extensionlast_img read more

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Go back to the enewsletter Cathay Pacific has unv

first_imgGo back to the e-newsletterCathay Pacific has unveiled a new lounge experience for passengers travelling from Vancouver International Airport from 4 May 2016. Located in the International Terminal, between departure gates D66 and D67, the new lounge adopts the airline’s contemporary and elegant design template, which has already been rolled out in Cathay Pacific lounges in Hong Kong, Manila, Bangkok, Taipei and Haneda Airport.The new lounge measures 510 square metres, with a seating capacity of 108 people offering a supremely comfortable exclusive environment of understated luxury in which passengers can relax before their flight out of Vancouver.Designed by Studioilse, the London-based design firm led by Ilse Crawford, the new lounge features warm, natural materials like wood and stone, alongside softened acoustics and lighting, to create an environment that helps passengers feel relaxed by engaging the senses and focusing on wellbeing as a core principle.“We aim to offer the very best traveller experience when flying Cathay Pacific and we believe this spectacular new lounge is a reflection of how important this market is to the airline,” says Nick Hays, Cathay Pacific’s Vice President Canada. “We hope our guests will enjoy taking in the iconic views of Vancouver’s coastal mountains as they say farewell to the city and use this space as a tranquil haven that sets the mood for their outbound flights to New York, Hong Kong, China or beyond to our global network.”Cherry wood walls and a limestone floor are framed with details such as glazed screens and green ceramic tiles in The Noodle Bar, bronze and brass highlights in the main entrance and bar area. An abundance of plants adds colour to the space and specially sourced artwork reflects the local culture of BC – giving the feel of a comfortable domestic space rather than a standard airline lounge.Natural sunlight filters through the windows; bespoke chairs and side tables with in-built lamps and sockets are placed by the glass so passengers can enjoy views of the airport runway and mountains beyond. Business travellers can take advantage of complimentary Wi-Fi throughout the lounge and three individual workstations with iMacs and printers in The Bureau.Dining is a focal part of the Cathay Pacific lounge experience and Vancouver’s lounge features the signature Noodle Bar, which offers a selection of soup including wonton noodle soup, dan dan noodle soup and authentic Hong Kong-style fish ball noodle soup. Another dining highlight is The Pantry, where passengers can enjoy cold cuts, a selection of cheese, salads, western hot food, fruits, desserts and tapas.The new lounge in Vancouver is designed to reflect the Cathay Pacific brand experience and to offer passengers both relaxation and enjoyment, whether they are returning home to Hong Kong or travelling beyond to China or Greater Asia.The lounge is open to First and Business Class passengers travelling on Cathay Pacific and members of the Marco Polo Club with Silver Card status or above and members of all tiers who earn lounge passes and/or their friends and family, including oneworld members with Sapphire status or above. The Cathay Pacific Lounge is open daily from 10.30am to 3.00pm and 8.00pm to 2.00am, but adjusted seasonally according to the Cathay Pacific flight schedule.With the opening of the new lounge, the previous Cathay Pacific First and Business Class Lounge will close to passengers on 3 May, 2016.Go back to the e-newsletterlast_img read more

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