After Lawmakers Shift the Risk Goalposts, TWIA Punts On Rates
Upending its catastrophe model math and suppressing premiums will significantly increase TWIA’s risk, but board members are told that a possible state bailout is the “ultimate backstop.”
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Lawmakers Demand FEMA Release Flood Risk Models Data
Senate Republicans are demanding that the Federal Emergency Management Agency disclose the data and assumptions behind its Risk Rating 2.0, arguing the opaque methodology is driving premium spikes.
