FEMA
Private Flood Insurance Future Could Be Off the Map Paid Members Public
The recent push to increase private insurance and reinsurance market participation into the National Flood Insurance Program (NFIP) may come down to one question: Who pays for billions in annual flood maps? Paying for flood mapping will become even a greater priority after President Trump’s proposed budget released Thursday
FEMA Details Disaster “Deductible” Plan for States, Insurers See an Opportunity Paid Members Public
The proposal to create “public assistance deductible” for federal disaster aid is moving ahead with an the average state paying $22 million in upfront costs before relief is issued, according to documents released last week by the Federal Emergency Management Agency (FEMA). And with already cash-strapped state’s balking, insurance
