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2017 Hurricane Season (and government shutdown) has insurance industry awaiting NFIP decision on private flood insurance
At a glance:
NFIP lapsed over the weekend as a part of the government shutdown, bill was signed to fund the government through February 8th, which includes an extension for the NFIP
NFIP signed a new reinsurance deal with private reinsurers
Having
the right flood data
will be the key to successfully insuring flood risk
Flood Insurance
NFIP reform
NFIP reform and flood insurance privatization - the latest
At a glance:
NFIP was set to expire December 8, but
lawmakers have extended the NFIP (again) until December 22
Flood gates likely to open for private insurance carriers
Insurers can maximize risk selections by using advanced flood data and analytics to create competitive advantage
Flood Insurance
flood data
NFIP privatization
Flood risk
flood risk assessment
NFIP reform
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