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FEMA Issues Risk Rating 2.0

On April 1st, the Federal Emergency Management Agency (FEMA) released its first official communication on the long-awaited overhaul of the National Flood Insurance Program (NFIP)’s rating system. The new pricing methodology, known as Risk Rating 2.0, uses new modeling...
What happens if the NFIP expires?

What happens if the NFIP expires?

January 19, 2018 UPDATE: Congress has not yet extended the National Flood Insurance Program, which expires at midnight tonight, Friday, January 19th. The NFIP continues to be tied to the Congressional Budget. If there is a government shutdown, the NFIP also shuts...