Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018

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NFIP reform logjam may persist into next year

  • Ted Bunker 20 March 2018
  • National Flood Insurance Program (NFIP) reform advocates say prospects are dimming rapidly for advancing legislation this year calling for significant changes in the taxpayer-subsidised carrier.

    A federal funding deadline is approaching at the end of this week, while reform measures remain stalled in the US Senate and could remain stuck until a new Congress convenes in 2019.

    Observers say they have seen no signs of a break in the political logjam that pits coastal state senators against a Republican-led reform...

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