Florida TaxWatch: ‘End or modify’ the National Flood Insurance Program
But FTW cites R Street Institute research showing the private flood insurance market grew by more than 50% in 2017 and now represents 15% of all flood insurance policies written nationwide and a Milliman study that determined even in flood-prone states such as Florida, 70-90% of NFIP policyholders could find cheaper coverage in the private market.
