Flood Insurance
Publications
From CBS Miami:
Damage reports from the massive hurricane are being assembled.
“Initial estimates are coming in at 30 billion dollars in damages,” said insurance expert Caroline…
Hurricane Ian, a massive and powerful Category 4 storm, made landfall on the gulf coast of Florida on Wednesday. With unprecedented storm surge of 12 to 18 feet and winds around 150 miles per hour,…
As flooding takes hold in unusual places across the United States, including eastern Kentucky, St. Louis, and even Las Vegas, Americans are grappling with the devastating effects. Many have lost…
The private market for flood insurance in the United States measures approximately $300 million in annual premium. This is less than 10 percent of the $3.7…
On June 23, the U.S. Senate Banking, Housing, and Urban Affairs committee held a hearing to discuss legislative proposals to reform the Federal Emergency Management Agency’s (FEMA) National Flood…
The Senate Committee on Banking, Housing, and Urban Affairs held a hearing Thursday to discuss the reauthorization and reform of the National Flood Insurance Program (NFIP).
Founded in 1968…
Public policy research organisation R Street suggested five solutions to help fix the National Flood Insurance Program (NFIP) during a recent Senate banking committee hearing, including developing a…
From Law360:
More broadly, Toomey said the NFIP is “fundamentally broken” and asserted that “we should be protecting the transition to actuarially sound premiums” — meaning ensuring premiums…
From Law360 Legal News:
The Federal Emergency Management Agency’s transparency with its own risk rating algorithms drew sharp criticism from Sen. John Kennedy, R-La. He criticized the work of two…
The R Street Institute’s testimony before the Senate Committee on Banking, Housing, and Urban Affairs on the National Flood Insurance Program. Testimony by Jerry Theodorou, Director of the Finance,…