NFIP Reform or Bust… Problem 1: Financial Stability

Up until 2004, the NFIP was a seemingly successful program. The number of insured structures was on the raise and the program’s debt was zero or at a low manageable level. By all accounts, the program was running smooth and appeared to be meeting the goals as outlined by the National Flood Insurance Act of 1968 with … More NFIP Reform or Bust… Problem 1: Financial Stability