Sec. 417. Deadline for claim processing
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Section 1312 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4019 ), as amended by section 413, is amended by adding at the end the following: The Administrator shall provide that, in the case of a claim for damage to or loss of property that is covered by flood insurance made available under this title— except as provided in paragraph (2), not later than 30 days after the date on which the claim is made— a final determination regarding approval of the claim for payment or disapproval of the claim shall be made; and notification of the determination shall be provided to the insured making the claim; and payment of an approved claim shall be made as soon as possible after that approval.
The Administrator shall— provide that the period described in paragraph (1)(A) may be extended by a single additional period of 15 days under extraordinary circumstances; and by regulation, establish criteria for— demonstrating the extraordinary circumstances described in subparagraph (A); and determining to which claims the extraordinary circumstances described in subparagraph
(A)apply. . The amendment made by subsection
(a)shall apply to any claim for damage to or loss of property that is covered by flood insurance made available under the National Flood Insurance Program that is pending on, or made after, the date of enactment of this Act.
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Sec. 417
Deadline for claim processing
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