What Measures are Required to Encourage Private Insurers to Provide Flood Insurance?
Private insurers want to provide flood insurance. However, neither the political administration in the US nor the consumers seem to be interested in full-cost based insurance plans. Challenges of the National Flood Insurance Program (NFIP) The National Flood Insurance Program (NFIP) has run up a debt of $24 billion. This has forced taxpayers to demand […]