Sec. 601. Deadline for approval of claims
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Section 1312 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4019 ), as amended by section 205, is amended by adding at the end the following: Not later than 30 days after the submission of a proof of loss, the Administrator shall notify the insured regarding the approval or disapproval of the claim. The Administrator may extend the deadline under paragraph
(1)by a single additional 15-day period under extraordinary circumstances, as determined according to criteria adopted by the Administrator. The Administrator shall make payment for an approved claim as soon as possible after approval of the claim. A flood insurance claim filed under this title for damage to or loss of property may not be denied based on the proof of loss requirements of the standard flood insurance policy under the national flood insurance program if the policyholder— provides notice of the claim not later than 60 days after the date of the occurrence of the loss; and complies with the remaining proof of loss requirements under the standard flood insurance policy not later than— 180 days after the date of the occurrence of the loss; or any later date specified by the Administrator. A policyholder may amend or supplement a proof of loss not later than 180 days after the date on which the policyholder submits the initial proof of loss. . The amendment made by subsection
(a)shall apply to any claim for damage to or loss of property covered by flood insurance made available under the National Flood Insurance Act of 1968 ( 42 U.S.C. 4001 et seq.) that is pending on, or made after, the date of enactment of this Act.
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