National Flood Insurance Program Commitment to Policyholders and Reform Act of 2005

[AI summary unavailable — showing source text] National Flood Insurance Program Commitment to Policyholders and Reform Act of 2005 - Amends the Flood Disaster Protection Act of 1973 and the National Flood Insurance Act of 1968 to define an area having special flood hazards. Requires the Director of the Federal Emergency Management Agency (FEMA Director) to report annually to Congress on the extent to which updating and modernization of all floodplain areas and flood-risk zones have been completed. Amends the Flood Disaster Protection Act of 1973 to: (1) increase from $350 to $2,000 the civil monetary penalty for mortgage lender failures to require flood insurance; and (2) eliminate the $100,000 cap on the total amount of such penalties assessed against any single regulated lending institution or enterprise during any calendar year. Requires the FEMA Director to: (1) establish an appeals process through which holders of a flood insurance policy may appeal decisions on claims, proofs of loss, and loss estimates relating to such flood insurance policy; (2) enforce the minimum training and education requirements for all insurance agents who sell certain flood insurance policies; and (3) issue regulations to implement specified port…