Insurance Commissioner Jim Donelon says property owners that are in the National Flood Insurance Program are covered for possible losses from opening the Morganza spillway. The spillway will likely open sometime between this Saturday and next Tuesday. Donelon says flooding is possible in 7 parishes.  Donelon says, for those who do not have flood insurance, it's now too late to enroll in the NFIP and be covered for this impending event.