Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
Opinion: US budget hiatus threatens NFIP
- 19 January 2018
Coping with the uncertainty of hurricane forecasts can be hard enough for (re)insurers looking ahead to the storm season, but leave it to Washington to make it even tougher to manage.
As evening fell yesterday in the US capital, it remained anyone's guess whether the Senate would clear a bill to keep the lights on after tonight's midnight government funding deadline. And that cut-off also applies to the National Flood Insurance Program (NFIP).
Those who run the Federal Emergency Management...
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