Resiliency, Mapping And Consumer Choice Changes Recommended For NFIP

Thursday, May 4th, 2017 Catastrophe Legislation & Regulation Property

More focus on resiliency measures, updated mapping techniques and increased consumer choices are among the recommendations for reforms to the National Flood Insurance Program (NFIP) issued by a coalition for “environmentally responsible, fiscally sound approaches to natural catastrophe policy that promote public safety.” On Wednesday, SmarterSafer — a United States national coalition of taxpayer advocates, environmental groups, insurance interests, housing organizations and mitigation advocates — released a proposal for how the U.S. Congress should reform the NFIP before it expires in September.

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http://www.canadianunderwriter.ca/insurance/resiliency-mapping-consumer-choice-changes-recommended-national-flood-insurance-program-1004112836/

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