We have much better tools to understand and price flood risk’ One of the more startling aspects of this gap in coverage is ...
If Congress does not reauthorize the National Flood Insurance Program (NFIP) by September 30, major parts of the program will expire—a lapse that could cause major problems in the mortgage industry.
The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways of predicting flood risk, are putting property owners at risk and the ...