ASFPM submits comments to federal register regarding private flood insurance

Jan 9, 2017 | News & Views, What's New

ASFPM’s Comments on Loans in Areas Having Special Flood Hazards-Private Flood Insurance Joint Notice of Proposed Rulemaking

ASFPM submitted comments Jan. 6, 2017. The comments conclude that Congress will need to reauthorize the NFIP in 2017 and that more proposals will be considered relating to the role of private flood insurance. ASFPM believes that there is an appropriate role for private flood insurance in the overall scheme of the NFIP and also believes that whatever that role is, it can co-exist with a
strong NFIP. Read the full comments here.